Call reports 2023
MERCHANTS AND PLANTERS BANK — 2023
What MERCHANTS AND PLANTERS BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 208,764,000 | 206,021,000 | 202,294,000 | 200,906,000 |
| Total loans | 96,526,000 | 95,632,000 | 95,871,000 | 96,828,000 |
| Allowance for loan losses | 1,402,000 | 1,310,000 | 1,440,000 | 1,979,000 |
| Securities available for sale | 73,953,000 | 71,710,000 | 68,878,000 | 70,999,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 179,318,000 | 176,874,000 | 170,179,000 | 169,151,000 |
| Interest-bearing deposits | 125,715,000 | 121,724,000 | 111,833,000 | 116,828,000 |
| Noninterest-bearing deposits | 53,603,000 | 55,150,000 | 58,346,000 | 52,323,000 |
| Equity capital | 28,820,000 | 28,972,000 | 30,786,000 | 31,224,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 2,098,000 | 4,312,000 | 6,619,000 | 8,531,000 |
| Interest expense | 218,000 | 532,000 | 884,000 | 1,059,000 |
| Net interest income | 1,880,000 | 3,780,000 | 5,735,000 | 7,472,000 |
| Noninterest income | 465,000 | 1,354,000 | 5,505,000 | 5,933,000 |
| Noninterest expense | 1,437,000 | 3,112,000 | 4,894,000 | 7,273,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 645,000 |
| Pretax income | 878,000 | 1,962,000 | 6,256,000 | 4,763,000 |
| Income tax | 202,000 | 467,000 | 1,530,000 | 1,161,000 |
| Net income | 676,000 | 1,495,000 | 4,726,000 | 3,602,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,874,000 | 30,776,000 | 34,086,000 | 32,057,000 |