Call reports 2006
MERIDIAN BANK, NATIONAL ASSOCIATION — 2006
What MERIDIAN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 1,459,215,000 | 1,762,263,000 | 2,047,279,000 | 2,014,356,000 |
| Total loans | 1,156,379,000 | 1,222,961,000 | 1,642,630,000 | 1,653,498,000 |
| Allowance for loan losses | 11,346,000 | 12,099,000 | 16,372,000 | 17,739,000 |
| Securities available for sale | 168,458,000 | 173,433,000 | 183,490,000 | 190,655,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,124,844,000 | 1,409,100,000 | 1,561,028,000 | 1,528,679,000 |
| Interest-bearing deposits | 1,021,532,000 | 1,302,730,000 | 1,459,277,000 | 1,391,951,000 |
| Noninterest-bearing deposits | 103,312,000 | 106,370,000 | 101,751,000 | 136,728,000 |
| Equity capital | 216,931,000 | 254,315,000 | 311,013,000 | 305,528,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 37,090,000 | 78,275,000 | 128,816,000 | 180,640,000 |
| Interest expense | 11,121,000 | 24,329,000 | 44,415,000 | 65,272,000 |
| Net interest income | 25,969,000 | 53,946,000 | 84,401,000 | 115,368,000 |
| Noninterest income | 1,384,000 | 2,941,000 | 4,705,000 | 6,604,000 |
| Noninterest expense | 13,947,000 | 28,766,000 | 46,567,000 | 68,510,000 |
| Provision for loan losses | 949,000 | 1,704,000 | 2,689,000 | 4,630,000 |
| Pretax income | 12,365,000 | 26,325,000 | 39,791,000 | 48,772,000 |
| Income tax | 0 | 10,000 | 12,000 | 51,000 |
| Net income | 12,365,000 | 26,315,000 | 39,779,000 | 48,721,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 150,606,000 | 190,708,000 | 215,125,000 | 212,471,000 |
| Total capital | 161,952,000 | 202,807,000 | 231,497,000 | 230,210,000 |
| Risk-weighted assets | 1,291,335,000 | 1,411,268,000 | 1,851,486,000 | 1,840,339,000 |