Call report 2024Q1
MERCHANTS BANK — 2024Q1
The 22 measures MERCHANTS BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 239,015,000 | USD | evidence → |
| Total loans | 160,408,000 | USD | evidence → |
| Allowance for loan losses | 1,855,000 | USD | evidence → |
| Securities available for sale | 60,453,000 | USD | evidence → |
| Securities held to maturity | 1,232,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 216,098,000 | USD | evidence → |
| Interest-bearing deposits | 172,411,000 | USD | evidence → |
| Noninterest-bearing deposits | 43,687,000 | USD | evidence → |
| Equity capital | 19,819,000 | 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 | 3,043,000 | USD | evidence → |
| Interest expense | 824,000 | USD | evidence → |
| Net interest income | 2,219,000 | USD | evidence → |
| Noninterest income | 46,000 | USD | evidence → |
| Noninterest expense | 1,403,000 | USD | evidence → |
| Provision for loan losses | 0 | USD | evidence → |
| Pretax income | 863,000 | USD | evidence → |
| Income tax | 203,000 | USD | evidence → |
| Net income | 660,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 21,978,000 | USD | evidence → |
| Total capital | 23,833,000 | USD | evidence → |
| Risk-weighted assets | 191,699,000 | USD | evidence → |