Call reports 2001
MERIT BANK — 2001
What MERIT BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 21,847,000 | 22,840,000 | 22,573,000 | 22,282,000 |
| Total loans | 11,902,000 | 11,714,000 | 11,356,000 | 11,215,000 |
| Allowance for loan losses | 58,000 | 54,000 | 54,000 | 51,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 6,762,000 | 7,371,000 | 7,870,000 | 7,413,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,181,000 | 19,095,000 | 18,753,000 | 18,714,000 |
| Interest-bearing deposits | 14,504,000 | 15,341,000 | 15,027,000 | 15,007,000 |
| Noninterest-bearing deposits | 3,677,000 | 3,754,000 | 3,726,000 | 3,707,000 |
| Equity capital | 3,478,000 | 3,468,000 | 3,445,000 | 3,480,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 422,000 | 837,000 | 1,241,000 | 1,624,000 |
| Interest expense | 142,000 | 282,000 | 411,000 | 515,000 |
| Net interest income | 280,000 | 555,000 | 830,000 | 1,109,000 |
| Noninterest income | 29,000 | 62,000 | 89,000 | 126,000 |
| Noninterest expense | 294,000 | 612,000 | 937,000 | 1,205,000 |
| Provision for loan losses | 0 | 0 | 0 | 1,000 |
| Pretax income | 15,000 | 5,000 | -18,000 | 29,000 |
| Income tax | 0 | 0 | 0 | 4,000 |
| Net income | 15,000 | 5,000 | -18,000 | 25,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,478,000 | 3,468,000 | 3,445,000 | 3,480,000 |
| Total capital | 3,536,000 | 3,522,000 | 3,499,000 | 3,531,000 |
| Risk-weighted assets | 10,796,000 | 10,372,000 | 10,191,000 | 10,105,000 |