Call reports 2015
MERRILL FEDERAL SAVINGS & LOAN ASSOCIATION — 2015
What MERRILL FEDERAL SAVINGS & LOAN ASSOCIATION reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 46,114,000 | 46,196,000 | 46,559,000 | 47,674,000 |
| Total loans | 41,004,000 | 41,850,000 | 41,887,000 | 41,669,000 |
| Allowance for loan losses | 498,000 | 505,000 | 499,000 | 502,000 |
| 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 | 38,703,000 | 38,738,000 | 39,057,000 | 40,101,000 |
| Interest-bearing deposits | 30,676,000 | 30,519,000 | 31,190,000 | 32,292,000 |
| Noninterest-bearing deposits | 8,027,000 | 8,219,000 | 7,867,000 | 7,809,000 |
| Equity capital | 6,024,000 | 6,111,000 | 6,204,000 | 6,300,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 471,000 | 944,000 | 1,421,000 | 1,896,000 |
| Interest expense | 32,000 | 63,000 | 92,000 | 118,000 |
| Net interest income | 439,000 | 881,000 | 1,329,000 | 1,778,000 |
| Noninterest income | 20,000 | 46,000 | 67,000 | 88,000 |
| Noninterest expense | 286,000 | 604,000 | 904,000 | 1,214,000 |
| Provision for loan losses | 0 | 7,000 | 13,000 | 13,000 |
| Pretax income | 173,000 | 316,000 | 479,000 | 639,000 |
| Income tax | 67,000 | 123,000 | 192,000 | 257,000 |
| Net income | 106,000 | 193,000 | 287,000 | 382,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,838,000 | 5,925,000 | 6,050,000 | 6,146,000 |
| Total capital | 6,263,000 | 6,362,000 | 6,489,000 | 6,575,000 |
| Risk-weighted assets | 33,995,000 | 34,854,000 | 35,034,000 | 34,217,000 |