Call reports 2009
MERIT BANK — 2009
What MERIT BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 24,188,000 | 24,235,000 | 24,567,000 | 24,539,000 |
| Total loans | 19,160,000 | 19,285,000 | 19,750,000 | 20,023,000 |
| Allowance for loan losses | 48,000 | 46,000 | 38,000 | 51,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 728,000 | 728,000 | 728,000 | 728,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,887,000 | 20,875,000 | 21,101,000 | 21,303,000 |
| Interest-bearing deposits | 14,879,000 | 14,651,000 | 15,588,000 | 15,412,000 |
| Noninterest-bearing deposits | 6,008,000 | 6,224,000 | 5,513,000 | 5,891,000 |
| Equity capital | 3,180,000 | 3,201,000 | 3,237,000 | 3,193,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 369,000 | 750,000 | 1,151,000 | 1,548,000 |
| Interest expense | 62,000 | 121,000 | 176,000 | 232,000 |
| Net interest income | 307,000 | 629,000 | 975,000 | 1,316,000 |
| Noninterest income | 40,000 | 75,000 | 111,000 | 158,000 |
| Noninterest expense | 340,000 | 676,000 | 1,022,000 | 1,407,000 |
| Provision for loan losses | 4,000 | 4,000 | 4,000 | 43,000 |
| Pretax income | 3,000 | 24,000 | 60,000 | 24,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 3,000 | 24,000 | 60,000 | 24,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,180,000 | 3,201,000 | 3,237,000 | 3,193,000 |
| Total capital | 3,228,000 | 3,247,000 | 3,275,000 | 3,244,000 |
| Risk-weighted assets | 14,633,000 | 14,501,000 | 15,220,000 | 15,668,000 |