Call reports 2001
MERCHANTS BANK OF BANGOR — 2001
What MERCHANTS BANK OF BANGOR reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 207,606,000 | 207,981,000 | 219,124,000 | 222,660,000 |
| Total loans | 75,145,000 | 77,927,000 | 83,015,000 | 85,989,000 |
| Allowance for loan losses | 772,000 | 800,000 | 824,000 | 857,000 |
| Securities available for sale | 104,316,000 | 108,834,000 | 114,170,000 | 113,151,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 138,508,000 | 142,497,000 | 147,770,000 | 152,342,000 |
| Interest-bearing deposits | 126,786,000 | 129,548,000 | 133,638,000 | 136,644,000 |
| Noninterest-bearing deposits | 11,722,000 | 12,949,000 | 14,132,000 | 15,698,000 |
| Equity capital | 24,180,000 | 24,071,000 | 25,120,000 | 24,228,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 3,423,000 | 6,756,000 | 10,052,000 | 13,298,000 |
| Interest expense | 1,917,000 | 3,823,000 | 5,685,000 | 7,412,000 |
| Net interest income | 1,506,000 | 2,933,000 | 4,367,000 | 5,886,000 |
| Noninterest income | 132,000 | 341,000 | 561,000 | 788,000 |
| Noninterest expense | 1,186,000 | 2,333,000 | 3,504,000 | 4,783,000 |
| Provision for loan losses | 15,000 | 51,000 | 76,000 | 106,000 |
| Pretax income | 426,000 | 880,000 | 1,342,000 | 1,868,000 |
| Income tax | 76,000 | 145,000 | 210,000 | 318,000 |
| Net income | 350,000 | 735,000 | 1,132,000 | 1,550,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,397,000 | 24,514,000 | 24,670,000 | 24,834,000 |
| Total capital | 25,171,000 | 25,314,000 | 25,494,000 | 25,691,000 |
| Risk-weighted assets | 110,134,000 | 112,828,000 | 118,578,000 | 120,572,000 |