Call reports 2012
MERCHANTS BANK OF BANGOR — 2012
What MERCHANTS BANK OF BANGOR reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 309,052,000 | 309,796,000 | 318,876,000 | 322,491,000 |
| Total loans | 169,228,000 | 170,560,000 | 172,323,000 | 175,513,000 |
| Allowance for loan losses | 2,407,000 | 2,496,000 | 2,554,000 | 2,447,000 |
| Securities available for sale | 96,437,000 | 104,997,000 | 112,043,000 | 116,361,000 |
| Securities held to maturity | 4,726,000 | 2,721,000 | 2,563,000 | 2,289,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 252,222,000 | 258,455,000 | 270,117,000 | 272,550,000 |
| Interest-bearing deposits | 217,531,000 | 220,610,000 | 230,378,000 | 229,382,000 |
| Noninterest-bearing deposits | 34,691,000 | 37,845,000 | 39,739,000 | 43,168,000 |
| Equity capital | 27,224,000 | 27,554,000 | 27,944,000 | 27,900,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 2,899,000 | 5,788,000 | 8,681,000 | 11,523,000 |
| Interest expense | 513,000 | 1,000,000 | 1,451,000 | 1,868,000 |
| Net interest income | 2,386,000 | 4,788,000 | 7,230,000 | 9,655,000 |
| Noninterest income | 369,000 | 766,000 | 1,138,000 | 1,545,000 |
| Noninterest expense | 2,119,000 | 4,271,000 | 6,413,000 | 8,718,000 |
| Provision for loan losses | 170,000 | 260,000 | 340,000 | 415,000 |
| Pretax income | 539,000 | 1,138,000 | 1,731,000 | 2,185,000 |
| Income tax | 129,000 | 280,000 | 421,000 | 519,000 |
| Net income | 410,000 | 858,000 | 1,310,000 | 1,666,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,360,000 | 27,604,000 | 27,831,000 | 27,702,000 |
| Total capital | 29,603,000 | 29,879,000 | 30,140,000 | 30,045,000 |
| Risk-weighted assets | 179,285,000 | 181,761,000 | 184,474,000 | 187,488,000 |