Call reports 2009
MERCHANTS BANK, NATIONAL ASSOCIATION — 2009
What MERCHANTS BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 |
|---|---|
| Total assets | 48,053,000 |
| Total loans | 28,328,000 |
| Allowance for loan losses | 451,000 |
| Securities available for sale | 8,270,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 37,758,000 |
| Interest-bearing deposits | 32,976,000 |
| Noninterest-bearing deposits | 4,782,000 |
| Equity capital | 3,907,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 |
|---|---|
| Interest income | 602,000 |
| Interest expense | 203,000 |
| Net interest income | 399,000 |
| Noninterest income | 153,000 |
| Noninterest expense | 334,000 |
| Provision for loan losses | 37,000 |
| Pretax income | 230,000 |
| Income tax | 86,000 |
| Net income | 144,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 |
|---|---|
| Tier 1 capital | 3,665,000 |
| Total capital | 4,088,000 |
| Risk-weighted assets | 33,675,000 |