Call reports 2002
MERRILL LYNCH BANK USA — 2002
What MERRILL LYNCH BANK USA reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 64,410,112,000 | 62,867,872,000 | 66,882,511,000 | 68,117,478,000 |
| Total loans | 16,522,268,000 | 19,461,822,000 | 23,109,767,000 | 25,187,926,000 |
| Allowance for loan losses | 122,548,000 | 132,385,000 | 131,659,000 | 128,951,000 |
| Securities available for sale | 43,242,840,000 | 38,222,945,000 | 41,431,187,000 | 40,666,243,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 3,568,558,000 | 2,608,136,000 | 628,268,000 | 666,440,000 |
| Total deposits | 59,530,382,000 | 55,944,011,000 | 55,518,516,000 | 55,689,434,000 |
| Interest-bearing deposits | 59,530,382,000 | 55,944,011,000 | 55,518,516,000 | 55,689,434,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 3,567,430,000 | 3,448,847,000 | 3,577,540,000 | 3,706,748,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 508,659,000 | 1,001,801,000 | 1,508,113,000 | 2,005,084,000 |
| Interest expense | 236,910,000 | 458,040,000 | 676,248,000 | 880,319,000 |
| Net interest income | 271,749,000 | 543,761,000 | 831,865,000 | 1,124,765,000 |
| Noninterest income | 28,042,000 | 50,102,000 | 130,659,000 | 269,035,000 |
| Noninterest expense | 61,163,000 | 141,304,000 | 177,363,000 | 231,357,000 |
| Provision for loan losses | 45,508,000 | 61,067,000 | 65,837,000 | 89,268,000 |
| Pretax income | 202,205,000 | 450,147,000 | 823,775,000 | 1,183,055,000 |
| Income tax | 71,799,000 | 162,066,000 | 292,741,000 | 435,313,000 |
| Net income | 130,406,000 | 288,081,000 | 531,034,000 | 747,742,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,577,255,000 | 3,434,929,000 | 3,577,807,000 | 3,739,533,000 |
| Total capital | 3,901,718,000 | 3,785,701,000 | 3,897,580,000 | 3,924,379,000 |
| Risk-weighted assets | 25,912,540,000 | 27,859,338,000 | 30,698,898,000 | 32,585,186,000 |