Call reports 2022
MERCHANTS AND PLANTERS BANK — 2022
What MERCHANTS AND PLANTERS BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 125,972,000 | 191,146,000 | 188,997,000 | 204,571,000 |
| Total loans | 55,182,000 | 82,713,000 | 80,664,000 | 90,325,000 |
| Allowance for loan losses | 1,287,000 | 1,319,000 | 1,317,000 | 1,359,000 |
| Securities available for sale | 40,190,000 | 55,625,000 | 70,755,000 | 71,171,000 |
| Securities held to maturity | 350,000 | 350,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 114,608,000 | 161,188,000 | 161,282,000 | 176,236,000 |
| Interest-bearing deposits | 78,633,000 | 114,058,000 | 115,793,000 | 128,359,000 |
| Noninterest-bearing deposits | 35,975,000 | 47,130,000 | 45,489,000 | 47,877,000 |
| Equity capital | 11,129,000 | 28,865,000 | 27,237,000 | 27,737,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 776,000 | 1,847,000 | 3,465,000 | 5,337,000 |
| Interest expense | 34,000 | 73,000 | 165,000 | 259,000 |
| Net interest income | 742,000 | 1,774,000 | 3,300,000 | 5,078,000 |
| Noninterest income | 574,000 | 1,195,000 | 1,627,000 | 2,078,000 |
| Noninterest expense | 1,082,000 | 2,288,000 | 3,767,000 | 5,636,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 204,000 | 621,000 | 1,070,000 | 1,400,000 |
| Income tax | 45,000 | 152,000 | 248,000 | 322,000 |
| Net income | 159,000 | 469,000 | 822,000 | 1,078,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,146,000 | 30,420,000 | 30,582,000 | 29,317,000 |