Call reports 2008
MERCHANTS & PLANTERS BANK — 2008
What MERCHANTS & PLANTERS BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 92,500,000 | 89,589,000 | 89,878,000 | 86,899,000 |
| Total loans | 46,425,000 | 52,619,000 | 54,682,000 | 55,511,000 |
| Allowance for loan losses | 1,094,000 | 1,053,000 | 885,000 | 841,000 |
| Securities available for sale | 26,016,000 | 25,226,000 | 22,393,000 | 20,189,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,319,000 | 78,181,000 | 77,418,000 | 75,538,000 |
| Interest-bearing deposits | 72,135,000 | 70,175,000 | 69,586,000 | 67,254,000 |
| Noninterest-bearing deposits | 8,184,000 | 8,006,000 | 7,832,000 | 8,284,000 |
| Equity capital | 9,595,000 | 9,102,000 | 7,810,000 | 7,728,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,410,000 | 2,809,000 | 4,117,000 | 5,355,000 |
| Interest expense | 604,000 | 1,114,000 | 1,577,000 | 2,007,000 |
| Net interest income | 806,000 | 1,695,000 | 2,540,000 | 3,348,000 |
| Noninterest income | 171,000 | 339,000 | 564,000 | 722,000 |
| Noninterest expense | 1,155,000 | 2,199,000 | 3,180,000 | 4,387,000 |
| Provision for loan losses | 0 | 0 | 50,000 | 200,000 |
| Pretax income | -175,000 | -162,000 | -123,000 | -2,530,000 |
| Income tax | 68,000 | 61,000 | 47,000 | -763,000 |
| Net income | -243,000 | -223,000 | -170,000 | -1,767,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,246,000 | 9,180,000 | 7,452,000 | 7,702,000 |
| Total capital | 9,951,000 | 9,956,000 | 8,245,000 | 8,487,000 |
| Risk-weighted assets | 56,016,000 | 61,810,000 | 63,342,000 | 62,726,000 |