Call reports 2015
MERCHANTS STATE BANK — 2015
What MERCHANTS STATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 153,108,000 | 151,752,000 | 149,812,000 | 156,907,000 |
| Total loans | 102,109,000 | 103,711,000 | 105,400,000 | 111,694,000 |
| Allowance for loan losses | 1,114,000 | 1,163,000 | 1,202,000 | 1,124,000 |
| Securities available for sale | 41,124,000 | 37,191,000 | 36,608,000 | 34,014,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,868,000 | 124,465,000 | 122,062,000 | 127,603,000 |
| Interest-bearing deposits | 106,005,000 | 103,390,000 | 101,171,000 | 102,603,000 |
| Noninterest-bearing deposits | 21,863,000 | 21,075,000 | 20,891,000 | 25,000,000 |
| Equity capital | 14,978,000 | 14,820,000 | 15,965,000 | 16,266,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,575,000 | 3,228,000 | 4,819,000 | 6,426,000 |
| Interest expense | 150,000 | 305,000 | 453,000 | 615,000 |
| Net interest income | 1,425,000 | 2,923,000 | 4,366,000 | 5,811,000 |
| Noninterest income | 122,000 | 257,000 | 1,088,000 | 1,213,000 |
| Noninterest expense | 890,000 | 1,726,000 | 2,646,000 | 3,807,000 |
| Provision for loan losses | 50,000 | 100,000 | 150,000 | 200,000 |
| Pretax income | 603,000 | 1,379,000 | 2,670,000 | 3,050,000 |
| Income tax | 32,000 | 65,000 | 92,000 | 76,000 |
| Net income | 571,000 | 1,314,000 | 2,578,000 | 2,974,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,108,000 | 14,376,000 | 15,295,000 | 15,691,000 |
| Total capital | 15,222,000 | 15,539,000 | 16,497,000 | 16,815,000 |
| Risk-weighted assets | 118,512,000 | 118,796,000 | 119,493,000 | 126,762,000 |