Call reports 2003
MERCHANTS & PLANTERS BANK — 2003
What MERCHANTS & PLANTERS BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 109,524,000 | 107,497,000 | 105,128,000 | 100,975,000 |
| Total loans | 69,048,000 | 64,762,000 | 61,414,000 | 56,737,000 |
| Allowance for loan losses | 1,581,000 | 2,016,000 | 2,105,000 | 2,236,000 |
| Securities available for sale | 25,794,000 | 24,882,000 | 26,299,000 | 30,193,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,903,000 | 95,999,000 | 94,477,000 | 90,650,000 |
| Interest-bearing deposits | 90,875,000 | 87,972,000 | 86,760,000 | 82,736,000 |
| Noninterest-bearing deposits | 7,028,000 | 8,027,000 | 7,717,000 | 7,914,000 |
| Equity capital | 8,730,000 | 8,541,000 | 7,903,000 | 7,686,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 1,678,000 | 3,284,000 | 4,814,000 | 6,236,000 |
| Interest expense | 641,000 | 1,233,000 | 1,758,000 | 2,210,000 |
| Net interest income | 1,037,000 | 2,051,000 | 3,056,000 | 4,026,000 |
| Noninterest income | 131,000 | 259,000 | 470,000 | 662,000 |
| Noninterest expense | 880,000 | 1,773,000 | 2,710,000 | 3,546,000 |
| Provision for loan losses | 860,000 | 1,523,000 | 1,812,000 | 2,353,000 |
| Pretax income | -539,000 | -953,000 | -1,258,000 | -1,473,000 |
| Income tax | -199,000 | -300,000 | -284,000 | -273,000 |
| Net income | -340,000 | -653,000 | -974,000 | -1,200,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,450,000 | 8,140,000 | 7,819,000 | 7,593,000 |
| Total capital | 9,445,000 | 9,094,000 | 8,732,000 | 8,462,000 |
| Risk-weighted assets | 78,992,000 | 75,291,000 | 71,823,000 | 68,158,000 |