Call reports 2001
MERCHANTS BANK — 2001
What MERCHANTS BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 42,460,000 | 40,821,000 | 43,210,000 | 45,170,000 |
| Total loans | 12,450,000 | 13,057,000 | 13,377,000 | 13,007,000 |
| Allowance for loan losses | 370,000 | 362,000 | 360,000 | 383,000 |
| Securities available for sale | 16,184,000 | 17,025,000 | 19,110,000 | 22,006,000 |
| Securities held to maturity | 11,633,000 | 8,654,000 | 8,517,000 | 7,559,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 36,942,000 | 35,325,000 | 37,333,000 | 39,635,000 |
| Interest-bearing deposits | 31,443,000 | 30,703,000 | 32,127,000 | 33,016,000 |
| Noninterest-bearing deposits | 5,499,000 | 4,622,000 | 5,206,000 | 6,619,000 |
| Equity capital | 4,819,000 | 4,814,000 | 5,021,000 | 4,876,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 689,000 | 1,376,000 | 2,049,000 | 2,709,000 |
| Interest expense | 313,000 | 616,000 | 896,000 | 1,133,000 |
| Net interest income | 376,000 | 760,000 | 1,153,000 | 1,576,000 |
| Noninterest income | 25,000 | 47,000 | 77,000 | 97,000 |
| Noninterest expense | 279,000 | 570,000 | 858,000 | 1,144,000 |
| Provision for loan losses | 0 | 0 | 0 | 28,000 |
| Pretax income | 126,000 | 241,000 | 376,000 | 505,000 |
| Income tax | 23,000 | 44,000 | 71,000 | 99,000 |
| Net income | 103,000 | 197,000 | 305,000 | 406,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,595,000 | 4,589,000 | 4,597,000 | 4,598,000 |
| Total capital | 4,888,000 | 4,895,000 | 4,913,000 | 4,924,000 |
| Risk-weighted assets | 23,397,000 | 24,435,000 | 25,235,000 | 26,007,000 |