Call reports 2004
MERIDIAN BANK, NATIONAL ASSOCIATION — 2004
What MERIDIAN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 594,448,000 | 618,231,000 | 637,345,000 | 697,471,000 |
| Total loans | 404,901,000 | 421,835,000 | 433,693,000 | 457,842,000 |
| Allowance for loan losses | 5,116,000 | 5,303,000 | 5,179,000 | 5,012,000 |
| Securities available for sale | 133,279,000 | 136,974,000 | 140,368,000 | 140,611,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 451,486,000 | 456,226,000 | 461,597,000 | 522,875,000 |
| Interest-bearing deposits | 384,696,000 | 388,651,000 | 391,588,000 | 451,029,000 |
| Noninterest-bearing deposits | 66,790,000 | 67,575,000 | 70,009,000 | 71,846,000 |
| Equity capital | 108,533,000 | 110,469,000 | 109,369,000 | 113,812,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 11,314,000 | 23,153,000 | 35,795,000 | 50,102,000 |
| Interest expense | 1,566,000 | 3,087,000 | 4,977,000 | 7,192,000 |
| Net interest income | 9,748,000 | 20,066,000 | 30,818,000 | 42,910,000 |
| Noninterest income | 842,000 | 1,797,000 | 2,726,000 | 3,009,000 |
| Noninterest expense | 6,680,000 | 13,493,000 | 20,538,000 | 27,897,000 |
| Provision for loan losses | 385,000 | 578,000 | 747,000 | 794,000 |
| Pretax income | 3,887,000 | 8,146,000 | 12,617,000 | 17,586,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 3,887,000 | 8,146,000 | 12,617,000 | 17,586,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 84,523,000 | 89,323,000 | 86,914,000 | 92,271,000 |
| Total capital | 89,639,000 | 94,626,000 | 92,093,000 | 97,283,000 |
| Risk-weighted assets | 450,547,000 | 471,640,000 | 490,040,000 | 527,445,000 |