Call reports 2015
MERCHANTS BANK OF BANGOR — 2015
What MERCHANTS BANK OF BANGOR reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 354,966,000 | 355,295,000 | 351,867,000 | 340,883,000 |
| Total loans | 195,808,000 | 198,149,000 | 195,313,000 | 193,948,000 |
| Allowance for loan losses | 2,351,000 | 2,377,000 | 2,399,000 | 1,811,000 |
| Securities available for sale | 106,260,000 | 104,539,000 | 98,881,000 | 99,733,000 |
| Securities held to maturity | 19,706,000 | 20,091,000 | 21,085,000 | 20,580,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 304,791,000 | 303,756,000 | 297,095,000 | 284,341,000 |
| Interest-bearing deposits | 249,419,000 | 242,591,000 | 236,213,000 | 252,270,000 |
| Noninterest-bearing deposits | 55,372,000 | 61,165,000 | 60,882,000 | 32,071,000 |
| Equity capital | 29,278,000 | 28,965,000 | 29,671,000 | 29,189,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,829,000 | 5,635,000 | 8,449,000 | 11,243,000 |
| Interest expense | 264,000 | 510,000 | 745,000 | 980,000 |
| Net interest income | 2,565,000 | 5,125,000 | 7,704,000 | 10,263,000 |
| Noninterest income | 311,000 | 710,000 | 1,097,000 | 1,531,000 |
| Noninterest expense | 2,363,000 | 4,804,000 | 7,217,000 | 9,558,000 |
| Provision for loan losses | 60,000 | 105,000 | 135,000 | 180,000 |
| Pretax income | 489,000 | 962,000 | 1,570,000 | 2,177,000 |
| Income tax | 87,000 | 163,000 | 279,000 | 391,000 |
| Net income | 402,000 | 799,000 | 1,291,000 | 1,786,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,693,000 | 29,888,000 | 30,183,000 | 30,360,000 |
| Total capital | 32,054,000 | 32,275,000 | 32,592,000 | 32,181,000 |
| Risk-weighted assets | 213,639,000 | 216,292,000 | 213,549,000 | 210,393,000 |