Call reports 2005
MERIDIAN BANK — 2005
What MERIDIAN BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 11,364,000 | 14,022,000 | 15,872,000 | 20,158,000 |
| Total loans | 8,940,000 | 10,187,000 | 11,541,000 | 12,768,000 |
| Allowance for loan losses | 137,000 | 136,000 | 141,000 | 130,000 |
| Securities available for sale | 1,075,000 | 1,095,000 | 1,095,000 | 1,075,000 |
| Securities held to maturity | 203,000 | 202,000 | 201,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,809,000 | 11,976,000 | 13,826,000 | 15,963,000 |
| Interest-bearing deposits | 6,591,000 | 10,249,000 | 11,752,000 | 11,689,000 |
| Noninterest-bearing deposits | 2,218,000 | 1,727,000 | 2,074,000 | 4,274,000 |
| Equity capital | 1,900,000 | 1,868,000 | 1,892,000 | 4,049,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 175,000 | 377,000 | 665,000 | 952,000 |
| Interest expense | 29,000 | 80,000 | 161,000 | 253,000 |
| Net interest income | 146,000 | 297,000 | 504,000 | 699,000 |
| Noninterest income | 18,000 | 38,000 | 75,000 | 94,000 |
| Noninterest expense | 175,000 | 384,000 | 597,000 | 781,000 |
| Provision for loan losses | 0 | 0 | 5,000 | 5,000 |
| Pretax income | -11,000 | -49,000 | -23,000 | 7,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -11,000 | -49,000 | -23,000 | 7,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,894,000 | 1,859,000 | 1,884,000 | 4,043,000 |
| Total capital | 2,003,000 | 1,986,000 | 2,025,000 | 4,173,000 |
| Risk-weighted assets | 8,653,000 | 10,190,000 | 11,479,000 | 13,233,000 |