Call report 2024Q1
MERIT BANK — 2024Q1
The 22 measures MERIT BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 390,053,000 | USD | evidence → |
| Total loans | 256,281,000 | USD | evidence → |
| Allowance for loan losses | 2,540,000 | USD | evidence → |
| Securities available for sale | 96,011,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 325,478,000 | USD | evidence → |
| Interest-bearing deposits | 247,924,000 | USD | evidence → |
| Noninterest-bearing deposits | 77,554,000 | USD | evidence → |
| Equity capital | 35,786,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 5,169,000 | USD | evidence → |
| Interest expense | 2,762,000 | USD | evidence → |
| Net interest income | 2,407,000 | USD | evidence → |
| Noninterest income | 106,000 | USD | evidence → |
| Noninterest expense | 2,230,000 | USD | evidence → |
| Provision for loan losses | 89,000 | USD | evidence → |
| Pretax income | 190,000 | USD | evidence → |
| Income tax | 22,000 | USD | evidence → |
| Net income | 168,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 36,948,000 | USD | evidence → |