Call report 2023Q1
MERCHANTS BANK — 2023Q1
The 22 measures MERCHANTS BANK reported to the FFIEC for 2023Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 230,645,000 | USD | evidence → |
| Total loans | 149,351,000 | USD | evidence → |
| Allowance for loan losses | 1,599,000 | USD | evidence → |
| Securities available for sale | 70,618,000 | USD | evidence → |
| Securities held to maturity | 1,245,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 210,551,000 | USD | evidence → |
| Interest-bearing deposits | 165,624,000 | USD | evidence → |
| Noninterest-bearing deposits | 44,927,000 | USD | evidence → |
| Equity capital | 17,385,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 2,549,000 | USD | evidence → |
| Interest expense | 485,000 | USD | evidence → |
| Net interest income | 2,064,000 | USD | evidence → |
| Noninterest income | 53,000 | USD | evidence → |
| Noninterest expense | 1,427,000 | USD | evidence → |
| Provision for loan losses | 0 | USD | evidence → |
| Pretax income | 690,000 | USD | evidence → |
| Income tax | 199,000 | USD | evidence → |
| Net income | 491,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 20,160,000 | USD | evidence → |
| Total capital | 21,759,000 | USD | evidence → |
| Risk-weighted assets | 197,772,000 | USD | evidence → |