Call reports 2013
MERRILL FEDERAL SAVINGS & LOAN ASSOCIATION — 2013
What MERRILL FEDERAL SAVINGS & LOAN ASSOCIATION reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 45,236,000 | 46,357,000 | 45,788,000 | 47,862,000 |
| Total loans | 42,015,000 | 42,350,000 | 42,150,000 | 41,813,000 |
| Allowance for loan losses | 606,000 | 621,000 | 613,000 | 613,000 |
| Securities available for sale | 2,000 | 2,000 | 2,000 | 2,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,367,000 | 38,872,000 | 38,188,000 | 40,193,000 |
| Interest-bearing deposits | 33,209,000 | 32,912,000 | 32,157,000 | 33,786,000 |
| Noninterest-bearing deposits | 6,158,000 | 5,960,000 | 6,031,000 | 6,407,000 |
| Equity capital | 5,282,000 | 5,383,000 | 5,488,000 | 5,583,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 508,000 | 1,008,000 | 1,516,000 | 2,004,000 |
| Interest expense | 58,000 | 113,000 | 174,000 | 227,000 |
| Net interest income | 450,000 | 895,000 | 1,342,000 | 1,777,000 |
| Noninterest income | 27,000 | 59,000 | 83,000 | 99,000 |
| Noninterest expense | 299,000 | 595,000 | 891,000 | 1,185,000 |
| Provision for loan losses | 15,000 | 30,000 | 30,000 | 30,000 |
| Pretax income | 163,000 | 329,000 | 504,000 | 661,000 |
| Income tax | 64,000 | 129,000 | 198,000 | 260,000 |
| Net income | 99,000 | 200,000 | 306,000 | 401,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,107,000 | 5,208,000 | 5,290,000 | 5,385,000 |
| Total capital | 5,515,000 | 5,628,000 | 5,711,000 | 5,829,000 |
| Risk-weighted assets | 34,933,000 | 35,922,000 | 36,024,000 | 35,417,000 |