Call reports 2019
MERCHANTS STATE BANK — 2019
What MERCHANTS STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 172,430,000 | 169,563,000 | 171,037,000 | 175,599,000 |
| Total loans | 132,756,000 | 133,745,000 | 131,667,000 | 139,690,000 |
| Allowance for loan losses | 1,615,000 | 1,695,000 | 1,747,000 | 1,622,000 |
| Securities available for sale | 25,224,000 | 25,319,000 | 25,241,000 | 23,862,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 140,087,000 | 135,909,000 | 137,122,000 | 141,281,000 |
| Interest-bearing deposits | 114,680,000 | 112,517,000 | 111,244,000 | 112,707,000 |
| Noninterest-bearing deposits | 25,407,000 | 23,392,000 | 25,878,000 | 28,574,000 |
| Equity capital | 21,762,000 | 22,571,000 | 23,235,000 | 23,645,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,183,000 | 4,434,000 | 6,621,000 | 8,798,000 |
| Interest expense | 409,000 | 851,000 | 1,303,000 | 1,754,000 |
| Net interest income | 1,774,000 | 3,583,000 | 5,318,000 | 7,044,000 |
| Noninterest income | 120,000 | 255,000 | 401,000 | 527,000 |
| Noninterest expense | 919,000 | 1,857,000 | 2,828,000 | 4,107,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 300,000 |
| Pretax income | 898,000 | 1,827,000 | 2,661,000 | 3,157,000 |
| Income tax | 50,000 | 94,000 | 130,000 | 157,000 |
| Net income | 848,000 | 1,733,000 | 2,531,000 | 3,000,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,672,000 | 22,291,000 | 22,824,000 | 23,293,000 |
| Total capital | 23,287,000 | 23,986,000 | 24,571,000 | 24,915,000 |
| Risk-weighted assets | 145,313,000 | 146,193,000 | 144,457,000 | 150,647,000 |