Call reports 2003
MERIDIAN BANK, NATIONAL ASSOCIATION — 2003
What MERIDIAN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 412,537,000 | 440,936,000 | 445,203,000 | 594,002,000 |
| Total loans | 273,488,000 | 281,256,000 | 278,504,000 | 398,899,000 |
| Allowance for loan losses | 3,446,000 | 3,632,000 | 3,782,000 | 4,793,000 |
| Securities available for sale | 101,049,000 | 124,513,000 | 128,352,000 | 142,818,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 291,229,000 | 297,214,000 | 315,818,000 | 438,437,000 |
| Interest-bearing deposits | 248,519,000 | 253,893,000 | 270,198,000 | 375,098,000 |
| Noninterest-bearing deposits | 42,710,000 | 43,321,000 | 45,620,000 | 63,339,000 |
| Equity capital | 81,030,000 | 84,915,000 | 86,364,000 | 104,328,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 6,972,000 | 14,514,000 | 22,137,000 | 32,623,000 |
| Interest expense | 1,369,000 | 2,586,000 | 3,788,000 | 5,462,000 |
| Net interest income | 5,603,000 | 11,928,000 | 18,349,000 | 27,161,000 |
| Noninterest income | 624,000 | 1,229,000 | 1,805,000 | 2,577,000 |
| Noninterest expense | 3,513,000 | 7,162,000 | 11,127,000 | 17,268,000 |
| Provision for loan losses | 274,000 | 514,000 | 681,000 | 654,000 |
| Pretax income | 2,785,000 | 6,035,000 | 9,112,000 | 12,659,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,785,000 | 6,035,000 | 9,112,000 | 12,659,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 70,854,000 | 74,097,000 | 77,079,000 | 79,989,000 |
| Total capital | 74,300,000 | 77,729,000 | 80,861,000 | 84,782,000 |
| Risk-weighted assets | 303,601,000 | 317,693,000 | 318,330,000 | 442,233,000 |