Call reports 2013
MERCHANTS BANK OF BANGOR — 2013
What MERCHANTS BANK OF BANGOR reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 312,700,000 | 315,568,000 | 329,326,000 | 351,614,000 |
| Total loans | 175,812,000 | 181,929,000 | 181,508,000 | 183,849,000 |
| Allowance for loan losses | 2,530,000 | 2,596,000 | 2,539,000 | 2,548,000 |
| Securities available for sale | 106,444,000 | 105,693,000 | 109,997,000 | 134,569,000 |
| Securities held to maturity | 1,502,000 | 484,000 | 484,000 | 484,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 270,594,000 | 274,959,000 | 287,326,000 | 306,434,000 |
| Interest-bearing deposits | 228,912,000 | 230,231,000 | 240,374,000 | 261,229,000 |
| Noninterest-bearing deposits | 41,682,000 | 44,728,000 | 46,951,000 | 45,205,000 |
| Equity capital | 28,110,000 | 27,117,000 | 26,457,000 | 26,357,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,784,000 | 5,563,000 | 8,293,000 | 11,151,000 |
| Interest expense | 350,000 | 664,000 | 971,000 | 1,288,000 |
| Net interest income | 2,434,000 | 4,899,000 | 7,322,000 | 9,863,000 |
| Noninterest income | 346,000 | 758,000 | 1,050,000 | 1,253,000 |
| Noninterest expense | 2,125,000 | 4,348,000 | 6,596,000 | 8,968,000 |
| Provision for loan losses | 80,000 | 143,000 | 143,000 | 158,000 |
| Pretax income | 595,000 | 1,234,000 | 1,701,000 | 2,058,000 |
| Income tax | 139,000 | 297,000 | 388,000 | 442,000 |
| Net income | 456,000 | 937,000 | 1,313,000 | 1,616,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,157,000 | 28,434,000 | 28,570,000 | 28,594,000 |
| Total capital | 30,482,000 | 30,837,000 | 31,001,000 | 31,088,000 |
| Risk-weighted assets | 185,754,000 | 192,055,000 | 194,340,000 | 199,464,000 |