Call reports 2016
MERCHANTS STATE BANK — 2016
What MERCHANTS STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 149,495,000 | 153,456,000 | 151,096,000 | 155,995,000 |
| Total loans | 108,840,000 | 106,110,000 | 106,604,000 | 107,972,000 |
| Allowance for loan losses | 1,198,000 | 1,272,000 | 1,278,000 | 1,271,000 |
| Securities available for sale | 29,288,000 | 31,721,000 | 30,802,000 | 32,717,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,560,000 | 130,873,000 | 128,226,000 | 133,453,000 |
| Interest-bearing deposits | 125,248,000 | 109,532,000 | 106,168,000 | 110,121,000 |
| Noninterest-bearing deposits | 2,312,000 | 21,341,000 | 22,058,000 | 23,332,000 |
| Equity capital | 16,961,000 | 17,637,000 | 17,909,000 | 17,682,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 1,632,000 | 3,261,000 | 4,886,000 | 6,420,000 |
| Interest expense | 163,000 | 318,000 | 483,000 | 648,000 |
| Net interest income | 1,469,000 | 2,943,000 | 4,403,000 | 5,772,000 |
| Noninterest income | 126,000 | 259,000 | 392,000 | 510,000 |
| Noninterest expense | 918,000 | 1,736,000 | 2,583,000 | 3,674,000 |
| Provision for loan losses | 75,000 | 150,000 | 150,000 | 200,000 |
| Pretax income | 638,000 | 1,340,000 | 2,077,000 | 2,416,000 |
| Income tax | 33,000 | 54,000 | 94,000 | 106,000 |
| Net income | 605,000 | 1,286,000 | 1,983,000 | 2,310,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,296,000 | 16,777,000 | 17,173,000 | 17,501,000 |
| Total capital | 17,494,000 | 18,049,000 | 18,451,000 | 18,772,000 |
| Risk-weighted assets | 122,100,000 | 120,481,000 | 120,697,000 | 123,673,000 |