Call reports 2004
MERRILL LYNCH BANK USA — 2004
What MERRILL LYNCH BANK USA reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 67,079,011,000 | 66,421,616,000 | 63,042,761,000 | 66,709,070,000 |
| Total loans | 31,317,520,000 | 32,553,005,000 | 32,500,751,000 | 35,149,798,000 |
| Allowance for loan losses | 152,369,000 | 147,265,000 | 186,860,000 | 167,225,000 |
| Securities available for sale | 28,893,024,000 | 27,888,621,000 | 24,670,035,000 | 25,422,273,000 |
| Securities held to maturity | 0 | 0 | 0 | 4,000,000 |
| Trading assets | 1,948,405,000 | 1,737,707,000 | 1,462,103,000 | 1,308,368,000 |
| Total deposits | 53,274,962,000 | 53,089,731,000 | 53,035,329,000 | 55,411,655,000 |
| Interest-bearing deposits | 53,274,962,000 | 53,089,731,000 | 53,035,329,000 | 55,411,655,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 4,649,430,000 | 4,778,690,000 | 4,954,414,000 | 5,165,920,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 463,139,000 | 931,747,000 | 1,458,909,000 | 2,070,005,000 |
| Interest expense | 114,806,000 | 223,943,000 | 369,969,000 | 587,866,000 |
| Net interest income | 348,333,000 | 707,804,000 | 1,088,940,000 | 1,482,139,000 |
| Noninterest income | 98,634,000 | 177,151,000 | 219,653,000 | 354,945,000 |
| Noninterest expense | 109,183,000 | 213,577,000 | 327,502,000 | 473,525,000 |
| Provision for loan losses | 13,840,000 | 63,015,000 | 122,757,000 | 171,293,000 |
| Pretax income | 342,563,000 | 649,645,000 | 907,265,000 | 1,244,920,000 |
| Income tax | 119,935,000 | 227,253,000 | 311,750,000 | 433,355,000 |
| Net income | 222,628,000 | 422,392,000 | 595,515,000 | 811,565,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,639,601,000 | 4,819,365,000 | 4,972,487,000 | 5,171,255,000 |
| Total capital | 4,866,612,000 | 5,033,805,000 | 5,236,452,000 | 5,438,308,000 |
| Risk-weighted assets | 43,536,556,000 | 44,641,236,000 | 46,208,224,000 | 50,300,036,000 |