Call reports 2001
MERIDIAN BANK, NATIONAL ASSOCIATION — 2001
What MERIDIAN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 152,088,000 | 157,009,000 | 164,513,000 | 170,463,000 |
| Total loans | 91,160,000 | 96,062,000 | 98,505,000 | 104,113,000 |
| Allowance for loan losses | 1,207,000 | 1,256,000 | 1,291,000 | 1,275,000 |
| Securities available for sale | 40,681,000 | 44,969,000 | 47,906,000 | 51,439,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,864,000 | 138,126,000 | 145,784,000 | 151,454,000 |
| Interest-bearing deposits | 103,187,000 | 106,996,000 | 111,749,000 | 118,004,000 |
| Noninterest-bearing deposits | 30,677,000 | 31,130,000 | 34,035,000 | 33,450,000 |
| Equity capital | 11,969,000 | 12,473,000 | 13,370,000 | 13,536,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 2,946,000 | 5,790,000 | 8,913,000 | 11,908,000 |
| Interest expense | 1,069,000 | 2,115,000 | 3,098,000 | 3,963,000 |
| Net interest income | 1,877,000 | 3,675,000 | 5,815,000 | 7,945,000 |
| Noninterest income | 248,000 | 595,000 | 734,000 | 958,000 |
| Noninterest expense | 1,283,000 | 2,574,000 | 3,933,000 | 5,273,000 |
| Provision for loan losses | 50,000 | 100,000 | 135,000 | 226,000 |
| Pretax income | 792,000 | 1,596,000 | 2,481,000 | 3,404,000 |
| Income tax | 264,000 | 528,000 | 832,000 | 1,155,000 |
| Net income | 528,000 | 1,068,000 | 1,649,000 | 2,249,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,478,000 | 12,018,000 | 12,599,000 | 13,199,000 |
| Total capital | 12,685,000 | 13,274,000 | 13,890,000 | 14,474,000 |
| Risk-weighted assets | 106,393,000 | 110,766,000 | 113,269,000 | 119,326,000 |