Call reports 2017
MERIT BANK — 2017
What MERIT BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 26,567,000 | 27,826,000 | 26,986,000 | 26,695,000 |
| Total loans | 16,369,000 | 15,817,000 | 15,495,000 | 15,113,000 |
| Allowance for loan losses | 170,000 | 168,000 | 156,000 | 147,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,731,000 | 5,973,000 | 5,972,000 | 5,472,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,381,000 | 24,584,000 | 23,687,000 | 23,514,000 |
| Interest-bearing deposits | 15,373,000 | 15,700,000 | 15,562,000 | 15,775,000 |
| Noninterest-bearing deposits | 8,008,000 | 8,884,000 | 8,125,000 | 7,739,000 |
| Equity capital | 3,146,000 | 3,179,000 | 3,213,000 | 3,171,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 308,000 | 625,000 | 949,000 | 1,266,000 |
| Interest expense | 18,000 | 36,000 | 55,000 | 73,000 |
| Net interest income | 290,000 | 589,000 | 894,000 | 1,193,000 |
| Noninterest income | 92,000 | 120,000 | 137,000 | 147,000 |
| Noninterest expense | 313,000 | 607,000 | 895,000 | 1,221,000 |
| Provision for loan losses | 0 | 0 | 0 | 25,000 |
| Pretax income | 69,000 | 102,000 | 136,000 | 94,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 69,000 | 102,000 | 136,000 | 94,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,146,000 | 3,179,000 | 3,213,000 | 3,171,000 |
| Total capital | 3,316,000 | 3,347,000 | 3,369,000 | 3,318,000 |
| Risk-weighted assets | 14,680,000 | 14,245,000 | 14,296,000 | 14,146,000 |