Call reports 2004
MERIT BANK — 2004
What MERIT BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 22,484,000 | 22,971,000 | 22,600,000 | 21,752,000 |
| Total loans | 12,190,000 | 12,665,000 | 12,937,000 | 12,873,000 |
| Allowance for loan losses | 54,000 | 59,000 | 59,000 | 58,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 6,386,000 | 6,118,000 | 5,712,000 | 5,402,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,851,000 | 19,251,000 | 18,774,000 | 18,209,000 |
| Interest-bearing deposits | 14,077,000 | 13,996,000 | 14,025,000 | 13,443,000 |
| Noninterest-bearing deposits | 4,774,000 | 5,255,000 | 4,749,000 | 4,766,000 |
| Equity capital | 3,513,000 | 3,523,000 | 3,543,000 | 3,497,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 312,000 | 624,000 | 939,000 | 1,256,000 |
| Interest expense | 35,000 | 68,000 | 101,000 | 132,000 |
| Net interest income | 277,000 | 556,000 | 838,000 | 1,124,000 |
| Noninterest income | 35,000 | 69,000 | 104,000 | 154,000 |
| Noninterest expense | 290,000 | 593,000 | 890,000 | 1,264,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 22,000 | 32,000 | 52,000 | 14,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 22,000 | 32,000 | 52,000 | 14,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,513,000 | 3,523,000 | 3,543,000 | 3,497,000 |
| Total capital | 3,567,000 | 3,582,000 | 3,602,000 | 3,555,000 |
| Risk-weighted assets | 10,580,000 | 10,921,000 | 11,167,000 | 11,025,000 |