Call reports 2006
MERIT BANK — 2006
What MERIT BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 21,505,000 | 22,100,000 | 22,445,000 | 21,300,000 |
| Total loans | 13,415,000 | 13,513,000 | 14,801,000 | 14,412,000 |
| Allowance for loan losses | 54,000 | 55,000 | 55,000 | 55,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,733,000 | 4,657,000 | 4,159,000 | 4,160,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,901,000 | 18,381,000 | 18,615,000 | 17,753,000 |
| Interest-bearing deposits | 12,708,000 | 12,499,000 | 12,586,000 | 12,418,000 |
| Noninterest-bearing deposits | 5,193,000 | 5,882,000 | 6,029,000 | 5,335,000 |
| Equity capital | 3,488,000 | 3,503,000 | 3,545,000 | 3,496,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 329,000 | 677,000 | 1,049,000 | 1,441,000 |
| Interest expense | 55,000 | 116,000 | 179,000 | 246,000 |
| Net interest income | 274,000 | 561,000 | 870,000 | 1,195,000 |
| Noninterest income | 35,000 | 67,000 | 98,000 | 135,000 |
| Noninterest expense | 311,000 | 615,000 | 913,000 | 1,311,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -2,000 | 13,000 | 55,000 | 19,000 |
| Income tax | 0 | 0 | 0 | 5,000 |
| Net income | -2,000 | 13,000 | 55,000 | 14,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,488,000 | 3,503,000 | 3,545,000 | 3,496,000 |
| Total capital | 3,542,000 | 3,558,000 | 3,600,000 | 3,551,000 |
| Risk-weighted assets | 11,108,000 | 11,249,000 | 12,085,000 | 11,515,000 |