Call reports 2025
MERIT BANK — 2025
What MERIT BANK reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 453,679,000 | 459,541,000 | 479,004,000 | 509,675,000 |
| Total loans | 307,550,000 | 313,287,000 | 325,968,000 | 353,313,000 |
| Allowance for loan losses | 3,280,000 | 2,939,000 | 3,110,000 | 3,584,000 |
| Securities available for sale | 106,866,000 | 119,176,000 | 121,905,000 | 133,804,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 401,934,000 | 384,419,000 | 411,067,000 | 413,080,000 |
| Interest-bearing deposits | 329,668,000 | 317,888,000 | 322,069,000 | 334,365,000 |
| Noninterest-bearing deposits | 72,266,000 | 66,531,000 | 88,998,000 | 78,715,000 |
| Equity capital | 38,204,000 | 39,172,000 | 50,005,000 | 51,251,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 6,291,000 | 13,184,000 | 20,056,000 | 27,928,000 |
| Interest expense | 3,291,000 | 6,747,000 | 10,230,000 | 13,543,000 |
| Net interest income | 3,000,000 | 6,437,000 | 9,826,000 | 14,385,000 |
| Noninterest income | 291,000 | 2,238,000 | 2,584,000 | 2,857,000 |
| Noninterest expense | 2,493,000 | 5,608,000 | 8,531,000 | 11,342,000 |
| Provision for loan losses | 263,000 | 1,210,000 | 1,398,000 | 1,872,000 |
| Pretax income | 679,000 | 1,818,000 | 2,490,000 | 3,966,000 |
| Income tax | 164,000 | 283,000 | 440,000 | 900,000 |
| Net income | 515,000 | 1,535,000 | 2,050,000 | 3,066,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,846,000 | 39,759,000 | 50,368,000 | 50,948,000 |
| Total capital | 42,126,000 | 42,879,000 | 53,598,000 | 54,723,000 |
| Risk-weighted assets | 391,329,000 | 339,478,000 | 419,569,000 | 391,548,000 |