Call reports 2012
MERIT BANK — 2012
What MERIT BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 26,728,000 | 25,864,000 | 25,238,000 | 24,800,000 |
| Total loans | 21,190,000 | 19,505,000 | 19,693,000 | 19,388,000 |
| Allowance for loan losses | 126,000 | 126,000 | 158,000 | 170,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,175,000 | 1,200,000 | 1,200,000 | 900,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,370,000 | 22,933,000 | 22,264,000 | 21,980,000 |
| Interest-bearing deposits | 16,913,000 | 15,785,000 | 15,782,000 | 15,781,000 |
| Noninterest-bearing deposits | 6,457,000 | 7,148,000 | 6,482,000 | 6,199,000 |
| Equity capital | 3,275,000 | 2,783,000 | 2,756,000 | 2,796,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 372,000 | 711,000 | 1,068,000 | 1,396,000 |
| Interest expense | 33,000 | 65,000 | 93,000 | 123,000 |
| Net interest income | 339,000 | 646,000 | 975,000 | 1,273,000 |
| Noninterest income | 34,000 | 70,000 | 99,000 | 65,000 |
| Noninterest expense | 334,000 | 663,000 | 1,009,000 | 1,246,000 |
| Provision for loan losses | 0 | 507,000 | 546,000 | 532,000 |
| Pretax income | 39,000 | -454,000 | -481,000 | -440,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 39,000 | -454,000 | -481,000 | -440,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,275,000 | 2,783,000 | 2,756,000 | 2,796,000 |
| Total capital | 3,401,000 | 2,909,000 | 2,914,000 | 2,966,000 |
| Risk-weighted assets | 16,807,000 | 16,580,000 | 16,716,000 | 16,251,000 |