Call reports 2015
MERIT BANK — 2015
What MERIT BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 26,577,000 | 26,854,000 | 25,869,000 | 26,038,000 |
| Total loans | 18,113,000 | 17,154,000 | 17,330,000 | 17,518,000 |
| Allowance for loan losses | 165,000 | 164,000 | 164,000 | 152,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,500,000 | 3,401,000 | 3,403,000 | 3,901,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,585,000 | 23,804,000 | 22,762,000 | 23,004,000 |
| Interest-bearing deposits | 16,225,000 | 15,943,000 | 15,391,000 | 15,753,000 |
| Noninterest-bearing deposits | 7,360,000 | 7,861,000 | 7,371,000 | 7,251,000 |
| Equity capital | 2,956,000 | 2,985,000 | 3,013,000 | 3,025,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 336,000 | 667,000 | 1,006,000 | 1,336,000 |
| Interest expense | 20,000 | 40,000 | 59,000 | 78,000 |
| Net interest income | 316,000 | 627,000 | 947,000 | 1,258,000 |
| Noninterest income | 28,000 | 50,000 | 85,000 | 104,000 |
| Noninterest expense | 308,000 | 612,000 | 939,000 | 1,257,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 36,000 | 65,000 | 93,000 | 105,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 36,000 | 65,000 | 93,000 | 105,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,956,000 | 2,985,000 | 3,013,000 | 3,025,000 |
| Total capital | 3,121,000 | 3,149,000 | 3,177,000 | 3,177,000 |
| Risk-weighted assets | 15,386,000 | 14,850,000 | 15,060,000 | 15,353,000 |