Call reports 2005
MERIDIAN BANK, NATIONAL ASSOCIATION — 2005
What MERIDIAN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 757,362,000 | 844,305,000 | 975,989,000 | 1,393,546,000 |
| Total loans | 551,297,000 | 609,048,000 | 758,819,000 | 1,106,901,000 |
| Allowance for loan losses | 5,674,000 | 6,315,000 | 9,213,000 | 10,704,000 |
| Securities available for sale | 142,848,000 | 150,835,000 | 147,038,000 | 150,919,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 574,533,000 | 645,801,000 | 718,752,000 | 1,068,283,000 |
| Interest-bearing deposits | 498,971,000 | 560,289,000 | 625,028,000 | 968,241,000 |
| Noninterest-bearing deposits | 75,562,000 | 85,512,000 | 93,724,000 | 100,042,000 |
| Equity capital | 116,676,000 | 123,465,000 | 128,444,000 | 204,961,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 15,589,000 | 33,567,000 | 55,973,000 | 83,059,000 |
| Interest expense | 2,950,000 | 6,815,000 | 12,395,000 | 20,267,000 |
| Net interest income | 12,639,000 | 26,752,000 | 43,578,000 | 62,792,000 |
| Noninterest income | 799,000 | 1,648,000 | 2,631,000 | 3,830,000 |
| Noninterest expense | 8,317,000 | 16,904,000 | 26,704,000 | 37,246,000 |
| Provision for loan losses | 640,000 | 1,557,000 | 3,879,000 | 5,981,000 |
| Pretax income | 4,481,000 | 9,990,000 | 15,677,000 | 23,446,000 |
| Income tax | 0 | 0 | 2,000 | 2,000 |
| Net income | 4,481,000 | 9,990,000 | 15,675,000 | 23,444,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 97,321,000 | 102,951,000 | 103,317,000 | 136,894,000 |
| Total capital | 102,995,000 | 109,266,000 | 112,530,000 | 147,598,000 |
| Risk-weighted assets | 616,497,000 | 685,873,000 | 837,038,000 | 1,202,751,000 |