Call reports 2014
MERRILL FEDERAL SAVINGS & LOAN ASSOCIATION — 2014
What MERRILL FEDERAL SAVINGS & LOAN ASSOCIATION reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 46,697,000 | 47,801,000 | 46,984,000 | 47,231,000 |
| Total loans | 41,258,000 | 41,215,000 | 41,490,000 | 41,480,000 |
| Allowance for loan losses | 613,000 | 587,000 | 559,000 | 498,000 |
| 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 | 39,010,000 | 40,088,000 | 39,652,000 | 39,832,000 |
| Interest-bearing deposits | 32,034,000 | 33,258,000 | 32,151,000 | 32,357,000 |
| Noninterest-bearing deposits | 6,976,000 | 6,830,000 | 7,501,000 | 7,475,000 |
| Equity capital | 5,673,000 | 5,755,000 | 5,844,000 | 5,918,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 476,000 | 958,000 | 1,436,000 | 1,912,000 |
| Interest expense | 45,000 | 89,000 | 134,000 | 169,000 |
| Net interest income | 431,000 | 869,000 | 1,302,000 | 1,743,000 |
| Noninterest income | 18,000 | 49,000 | 71,000 | 44,000 |
| Noninterest expense | 302,000 | 621,000 | 920,000 | 1,209,000 |
| Provision for loan losses | 0 | 15,000 | 15,000 | 20,000 |
| Pretax income | 147,000 | 282,000 | 438,000 | 558,000 |
| Income tax | 58,000 | 111,000 | 178,000 | 224,000 |
| Net income | 89,000 | 171,000 | 260,000 | 334,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,475,000 | 5,557,000 | 5,658,000 | 5,732,000 |
| Total capital | 5,905,000 | 5,990,000 | 6,097,000 | 6,161,000 |
| Risk-weighted assets | 34,295,000 | 34,555,000 | 35,053,000 | 34,253,000 |