Call report 2024Q2
MERCHANTS BANK — 2024Q2
The 22 measures MERCHANTS BANK reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 242,365,000 | USD | evidence → |
| Total loans | 174,044,000 | USD | evidence → |
| Allowance for loan losses | 1,957,000 | USD | evidence → |
| Securities available for sale | 59,513,000 | USD | evidence → |
| Securities held to maturity | 1,229,000 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 207,770,000 | USD | evidence → |
| Interest-bearing deposits | 166,464,000 | USD | evidence → |
| Noninterest-bearing deposits | 41,306,000 | USD | evidence → |
| Equity capital | 20,533,000 | 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 | 6,051,000 | USD | evidence → |
| Interest expense | 1,687,000 | USD | evidence → |
| Net interest income | 4,364,000 | USD | evidence → |
| Noninterest income | 93,000 | USD | evidence → |
| Noninterest expense | 2,563,000 | USD | evidence → |
| Provision for loan losses | 100,000 | USD | evidence → |
| Pretax income | 1,795,000 | USD | evidence → |
| Income tax | 441,000 | USD | evidence → |
| Net income | 1,354,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 22,466,000 | USD | evidence → |
| Total capital | 24,423,000 | USD | evidence → |
| Risk-weighted assets | 206,356,000 | USD | evidence → |