Call reports 2026
MERCHANTS STATE BANK — 2026
What MERCHANTS STATE BANK reported to the FFIEC in 2026, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Total assets | 217,586,000 | 219,569,000 |
| Total loans | 147,526,000 | 147,520,000 |
| Allowance for loan losses | 945,000 | 946,000 |
| Securities available for sale | 47,947,000 | 51,024,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 176,450,000 | 180,687,000 |
| Interest-bearing deposits | 134,390,000 | 140,750,000 |
| Noninterest-bearing deposits | 42,060,000 | 39,937,000 |
| Equity capital | 33,683,000 | 35,302,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Interest income | 3,030,000 | 6,160,000 |
| Interest expense | 773,000 | 1,568,000 |
| Net interest income | 2,257,000 | 4,592,000 |
| Noninterest income | 85,000 | 178,000 |
| Noninterest expense | 1,151,000 | 2,317,000 |
| Provision for loan losses | 0 | 0 |
| Pretax income | 949,000 | 2,204,000 |
| Income tax | 54,000 | 114,000 |
| Net income | 895,000 | 2,090,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Tier 1 capital | 38,046,000 | 38,865,000 |