Call reports 2003
MERRILL LYNCH BANK USA — 2003
What MERRILL LYNCH BANK USA reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 64,467,730,000 | 64,582,516,000 | 66,735,012,000 | 66,643,140,000 |
| Total loans | 26,854,919,000 | 29,295,520,000 | 31,043,593,000 | 32,225,517,000 |
| Allowance for loan losses | 132,608,000 | 133,469,000 | 136,726,000 | 152,179,000 |
| Securities available for sale | 34,695,414,000 | 30,885,494,000 | 29,070,509,000 | 28,037,776,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 713,519,000 | 1,601,458,000 | 1,618,623,000 | 1,517,280,000 |
| Total deposits | 56,052,604,000 | 54,368,342,000 | 53,507,906,000 | 53,207,679,000 |
| Interest-bearing deposits | 56,052,604,000 | 54,368,342,000 | 53,507,906,000 | 53,207,679,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 3,900,183,000 | 4,281,768,000 | 4,470,768,000 | 4,464,704,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 446,012,000 | 897,720,000 | 1,356,982,000 | 1,810,527,000 |
| Interest expense | 152,663,000 | 283,968,000 | 396,721,000 | 506,811,000 |
| Net interest income | 293,349,000 | 613,752,000 | 960,261,000 | 1,303,716,000 |
| Noninterest income | 112,569,000 | 223,625,000 | 368,241,000 | 465,720,000 |
| Noninterest expense | 71,798,000 | 162,922,000 | 247,328,000 | 369,317,000 |
| Provision for loan losses | 12,742,000 | 20,787,000 | 33,712,000 | 53,857,000 |
| Pretax income | 345,021,000 | 727,042,000 | 1,047,343,000 | 1,345,761,000 |
| Income tax | 127,666,000 | 266,285,000 | 381,551,000 | 488,333,000 |
| Net income | 217,355,000 | 460,757,000 | 665,792,000 | 857,428,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,919,906,000 | 4,323,328,000 | 4,488,381,000 | 4,480,017,000 |
| Total capital | 4,107,215,000 | 4,519,437,000 | 4,692,472,000 | 4,706,363,000 |
| Risk-weighted assets | 32,743,518,000 | 35,855,253,000 | 37,162,447,000 | 41,739,774,000 |