Call reports 2005
MERIT BANK — 2005
What MERIT BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 21,633,000 | 22,076,000 | 22,449,000 | 20,974,000 |
| Total loans | 13,421,000 | 13,584,000 | 14,112,000 | 13,536,000 |
| Allowance for loan losses | 57,000 | 55,000 | 53,000 | 54,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,997,000 | 5,195,000 | 5,193,000 | 5,185,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,004,000 | 18,361,000 | 18,640,000 | 17,435,000 |
| Interest-bearing deposits | 13,100,000 | 13,270,000 | 13,050,000 | 12,560,000 |
| Noninterest-bearing deposits | 4,904,000 | 5,091,000 | 5,590,000 | 4,875,000 |
| Equity capital | 3,503,000 | 3,513,000 | 3,513,000 | 3,490,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 310,000 | 632,000 | 964,000 | 1,293,000 |
| Interest expense | 37,000 | 77,000 | 120,000 | 167,000 |
| Net interest income | 273,000 | 555,000 | 844,000 | 1,126,000 |
| Noninterest income | 32,000 | 61,000 | 97,000 | 144,000 |
| Noninterest expense | 297,000 | 598,000 | 923,000 | 1,267,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 8,000 | 18,000 | 18,000 | 3,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 8,000 | 18,000 | 18,000 | 3,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,503,000 | 3,513,000 | 3,513,000 | 3,490,000 |
| Total capital | 3,560,000 | 3,568,000 | 3,566,000 | 3,544,000 |
| Risk-weighted assets | 11,142,000 | 11,062,000 | 11,448,000 | 10,959,000 |