Call reports 2006
MERCHANTS BANK OF BANGOR — 2006
What MERCHANTS BANK OF BANGOR reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 279,079,000 | 276,367,000 | 269,598,000 | 283,460,000 |
| Total loans | 126,926,000 | 131,108,000 | 130,224,000 | 135,734,000 |
| Allowance for loan losses | 1,336,000 | 1,354,000 | 1,346,000 | 1,360,000 |
| Securities available for sale | 94,300,000 | 90,637,000 | 90,128,000 | 92,162,000 |
| Securities held to maturity | 23,224,000 | 22,825,000 | 21,924,000 | 21,581,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 198,117,000 | 194,722,000 | 186,238,000 | 200,934,000 |
| Interest-bearing deposits | 173,626,000 | 168,773,000 | 159,487,000 | 173,095,000 |
| Noninterest-bearing deposits | 24,491,000 | 25,949,000 | 26,751,000 | 27,839,000 |
| Equity capital | 24,777,000 | 24,156,000 | 25,183,000 | 24,954,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 3,493,000 | 7,097,000 | 10,698,000 | 14,336,000 |
| Interest expense | 1,587,000 | 3,279,000 | 5,027,000 | 6,960,000 |
| Net interest income | 1,906,000 | 3,818,000 | 5,671,000 | 7,376,000 |
| Noninterest income | 461,000 | 997,000 | 1,501,000 | 1,945,000 |
| Noninterest expense | 1,814,000 | 3,656,000 | 5,537,000 | 7,656,000 |
| Provision for loan losses | 50,000 | 75,000 | 80,000 | 100,000 |
| Pretax income | 507,000 | 616,000 | 1,087,000 | 1,097,000 |
| Income tax | 96,000 | 218,000 | 310,000 | 238,000 |
| Net income | 411,000 | 398,000 | 777,000 | 859,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,825,000 | 25,823,000 | 25,929,000 | 25,519,000 |
| Total capital | 27,161,000 | 27,177,000 | 27,276,000 | 26,896,000 |
| Risk-weighted assets | 153,140,000 | 156,484,000 | 154,804,000 | 161,566,000 |