Call reports 2016
MERRILL FEDERAL SAVINGS & LOAN ASSOCIATION — 2016
What MERRILL FEDERAL SAVINGS & LOAN ASSOCIATION reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 |
|---|---|---|---|
| Total assets | 47,010,000 | 47,834,000 | 47,068,000 |
| Total loans | 41,699,000 | 40,767,000 | 40,517,000 |
| Allowance for loan losses | 480,000 | 486,000 | 479,000 |
| Securities available for sale | 2,000 | 2,000 | 2,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 39,436,000 | 40,206,000 | 39,412,000 |
| Interest-bearing deposits | 31,654,000 | 31,698,000 | 31,059,000 |
| Noninterest-bearing deposits | 7,782,000 | 8,508,000 | 8,353,000 |
| Equity capital | 6,403,000 | 6,438,000 | 6,512,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 |
|---|---|---|---|
| Interest income | 473,000 | 947,000 | 1,417,000 |
| Interest expense | 27,000 | 57,000 | 88,000 |
| Net interest income | 446,000 | 890,000 | 1,329,000 |
| Noninterest income | 26,000 | 51,000 | 87,000 |
| Noninterest expense | 299,000 | 704,000 | 1,055,000 |
| Provision for loan losses | 0 | 6,000 | 6,000 |
| Pretax income | 173,000 | 231,000 | 355,000 |
| Income tax | 70,000 | 93,000 | 143,000 |
| Net income | 103,000 | 138,000 | 212,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 |
|---|---|---|---|
| Tier 1 capital | 6,249,000 | 6,284,000 | 6,401,000 |
| Total capital | 6,689,000 | 6,728,000 | 6,846,000 |
| Risk-weighted assets | 35,112,000 | 35,485,000 | 35,547,000 |