Call reports 2009
MERCHANTS BANK OF BANGOR — 2009
What MERCHANTS BANK OF BANGOR reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 293,800,000 | 285,072,000 | 288,888,000 | 288,481,000 |
| Total loans | 158,864,000 | 156,974,000 | 158,265,000 | 156,445,000 |
| Allowance for loan losses | 2,120,000 | 1,657,000 | 1,761,000 | 1,835,000 |
| Securities available for sale | 91,663,000 | 86,792,000 | 85,822,000 | 87,602,000 |
| Securities held to maturity | 9,259,000 | 8,747,000 | 8,147,000 | 7,122,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 227,286,000 | 223,505,000 | 227,277,000 | 230,287,000 |
| Interest-bearing deposits | 200,176,000 | 197,093,000 | 201,240,000 | 197,023,000 |
| Noninterest-bearing deposits | 27,110,000 | 26,412,000 | 26,037,000 | 33,264,000 |
| Equity capital | 24,763,000 | 24,617,000 | 25,435,000 | 25,485,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,493,000 | 6,898,000 | 10,224,000 | 13,507,000 |
| Interest expense | 1,355,000 | 2,606,000 | 3,718,000 | 4,691,000 |
| Net interest income | 2,138,000 | 4,292,000 | 6,506,000 | 8,816,000 |
| Noninterest income | 408,000 | 929,000 | 1,391,000 | 1,649,000 |
| Noninterest expense | 2,142,000 | 4,471,000 | 6,635,000 | 8,744,000 |
| Provision for loan losses | 205,000 | 244,000 | 419,000 | 819,000 |
| Pretax income | 244,000 | 627,000 | 1,022,000 | 1,233,000 |
| Income tax | 29,000 | 111,000 | 197,000 | 223,000 |
| Net income | 215,000 | 516,000 | 825,000 | 1,010,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,239,000 | 25,442,000 | 25,743,000 | 25,827,000 |
| Total capital | 27,300,000 | 27,099,000 | 27,512,000 | 27,662,000 |
| Risk-weighted assets | 164,781,000 | 162,740,000 | 163,488,000 | 163,981,000 |