Call reports 2021
MERCHANTS AND PLANTERS BANK — 2021
What MERCHANTS AND PLANTERS BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 117,268,000 | 113,795,000 | 119,604,000 | 118,402,000 |
| Total loans | 57,884,000 | 55,507,000 | 55,765,000 | 53,823,000 |
| Allowance for loan losses | 1,163,000 | 1,198,000 | 1,222,000 | 1,254,000 |
| Securities available for sale | 23,271,000 | 22,682,000 | 28,287,000 | 38,230,000 |
| Securities held to maturity | 351,000 | 351,000 | 351,000 | 350,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 105,809,000 | 102,028,000 | 106,095,000 | 105,668,000 |
| Interest-bearing deposits | 73,248,000 | 75,118,000 | 76,916,000 | 81,586,000 |
| Noninterest-bearing deposits | 32,561,000 | 26,910,000 | 29,180,000 | 24,082,000 |
| Equity capital | 11,128,000 | 11,362,000 | 13,024,000 | 12,413,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 838,000 | 1,708,000 | 2,584,000 | 3,421,000 |
| Interest expense | 38,000 | 76,000 | 112,000 | 147,000 |
| Net interest income | 800,000 | 1,632,000 | 2,472,000 | 3,274,000 |
| Noninterest income | 452,000 | 836,000 | 3,357,000 | 3,741,000 |
| Noninterest expense | 963,000 | 1,959,000 | 3,004,000 | 4,489,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 259,000 | 449,000 | 2,735,000 | 2,406,000 |
| Income tax | 33,000 | 81,000 | 660,000 | 576,000 |
| Net income | 226,000 | 368,000 | 2,075,000 | 1,830,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,446,000 | 10,618,000 | 12,343,000 | 11,971,000 |