Call reports 2013
MERIT BANK — 2013
What MERIT BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 26,520,000 | 26,443,000 | 26,518,000 | 25,833,000 |
| Total loans | 19,303,000 | 18,881,000 | 18,680,000 | 18,389,000 |
| Allowance for loan losses | 171,000 | 172,000 | 155,000 | 179,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 900,000 | 2,650,000 | 2,650,000 | 3,148,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,654,000 | 23,520,000 | 23,604,000 | 23,052,000 |
| Interest-bearing deposits | 16,414,000 | 16,175,000 | 16,343,000 | 16,018,000 |
| Noninterest-bearing deposits | 7,240,000 | 7,345,000 | 7,261,000 | 7,034,000 |
| Equity capital | 2,783,000 | 2,796,000 | 2,797,000 | 2,768,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 321,000 | 645,000 | 1,016,000 | 1,344,000 |
| Interest expense | 27,000 | 54,000 | 82,000 | 110,000 |
| Net interest income | 294,000 | 591,000 | 934,000 | 1,234,000 |
| Noninterest income | 28,000 | 58,000 | 3,000 | 23,000 |
| Noninterest expense | 335,000 | 649,000 | 936,000 | 1,252,000 |
| Provision for loan losses | 0 | 0 | 0 | 33,000 |
| Pretax income | -13,000 | 0 | 1,000 | -28,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -13,000 | 0 | 1,000 | -28,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,783,000 | 2,796,000 | 2,797,000 | 2,768,000 |
| Total capital | 2,954,000 | 2,968,000 | 2,952,000 | 2,947,000 |
| Risk-weighted assets | 16,016,000 | 15,787,000 | 15,757,000 | 15,457,000 |