Call report 2024Q2
MERIT BANK — 2024Q2
The 22 measures MERIT BANK reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 406,750,000 | USD | evidence → |
| Total loans | 277,275,000 | USD | evidence → |
| Allowance for loan losses | 2,729,000 | USD | evidence → |
| Securities available for sale | 96,483,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 341,400,000 | USD | evidence → |
| Interest-bearing deposits | 270,221,000 | USD | evidence → |
| Noninterest-bearing deposits | 71,179,000 | USD | evidence → |
| Equity capital | 36,527,000 | 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 | 10,940,000 | USD | evidence → |
| Interest expense | 5,870,000 | USD | evidence → |
| Net interest income | 5,070,000 | USD | evidence → |
| Noninterest income | 274,000 | USD | evidence → |
| Noninterest expense | 4,461,000 | USD | evidence → |
| Provision for loan losses | 277,000 | USD | evidence → |
| Pretax income | 609,000 | USD | evidence → |
| Income tax | 49,000 | USD | evidence → |
| Net income | 560,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 37,354,000 | USD | evidence → |