Call reports 2012
MERCHANTS STATE BANK — 2012
What MERCHANTS STATE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 134,238,000 | 137,835,000 | 136,238,000 | 151,765,000 |
| Total loans | 77,879,000 | 74,395,000 | 73,366,000 | 75,531,000 |
| Allowance for loan losses | 1,143,000 | 1,142,000 | 959,000 | 962,000 |
| Securities available for sale | 45,888,000 | 53,903,000 | 50,366,000 | 66,871,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,405,000 | 118,999,000 | 118,459,000 | 132,795,000 |
| Interest-bearing deposits | 102,984,000 | 102,813,000 | 99,359,000 | 103,504,000 |
| Noninterest-bearing deposits | 14,421,000 | 16,186,000 | 19,100,000 | 29,291,000 |
| Equity capital | 12,442,000 | 12,855,000 | 13,300,000 | 13,311,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,660,000 | 3,269,000 | 4,793,000 | 6,322,000 |
| Interest expense | 306,000 | 571,000 | 821,000 | 1,036,000 |
| Net interest income | 1,354,000 | 2,698,000 | 3,972,000 | 5,286,000 |
| Noninterest income | 71,000 | 98,000 | 164,000 | 340,000 |
| Noninterest expense | 932,000 | 1,825,000 | 2,735,000 | 3,817,000 |
| Provision for loan losses | 100,000 | 200,000 | 200,000 | 200,000 |
| Pretax income | 489,000 | 876,000 | 1,285,000 | 1,646,000 |
| Income tax | 28,000 | 43,000 | 56,000 | 82,000 |
| Net income | 461,000 | 833,000 | 1,229,000 | 1,564,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,173,000 | 11,244,000 | 11,341,000 | 11,675,000 |
| Total capital | 12,316,000 | 12,375,000 | 12,300,000 | 12,637,000 |
| Risk-weighted assets | 93,211,000 | 90,493,000 | 88,985,000 | 93,517,000 |