Call reports 2007
MERIDIAN BANK, NATIONAL ASSOCIATION — 2007
What MERIDIAN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 2,111,549,000 | 2,100,198,000 | 2,212,776,000 | 2,270,645,000 |
| Total loans | 1,703,096,000 | 1,741,209,000 | 1,786,311,000 | 1,820,659,000 |
| Allowance for loan losses | 20,825,000 | 23,764,000 | 26,737,000 | 23,538,000 |
| Securities available for sale | 194,841,000 | 189,780,000 | 255,518,000 | 256,483,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,625,118,000 | 1,626,605,000 | 1,623,180,000 | 1,654,581,000 |
| Interest-bearing deposits | 1,489,558,000 | 1,507,634,000 | 1,508,146,000 | 1,563,222,000 |
| Noninterest-bearing deposits | 135,560,000 | 118,971,000 | 115,034,000 | 91,359,000 |
| Equity capital | 309,236,000 | 305,138,000 | 303,195,000 | 297,335,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 53,605,000 | 106,635,000 | 156,043,000 | 201,714,000 |
| Interest expense | 20,780,000 | 42,435,000 | 64,997,000 | 88,107,000 |
| Net interest income | 32,825,000 | 64,200,000 | 91,046,000 | 113,607,000 |
| Noninterest income | 2,999,000 | 4,880,000 | 6,993,000 | 8,659,000 |
| Noninterest expense | 20,853,000 | 41,215,000 | 61,465,000 | 82,172,000 |
| Provision for loan losses | 1,632,000 | 6,252,000 | 10,110,000 | 22,246,000 |
| Pretax income | 13,339,000 | 21,721,000 | 26,572,000 | 17,956,000 |
| Income tax | 184,000 | 270,000 | 379,000 | 384,000 |
| Net income | 13,155,000 | 21,451,000 | 26,193,000 | 17,572,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 218,952,000 | 220,052,000 | 218,980,000 | 212,727,000 |
| Total capital | 239,777,000 | 243,816,000 | 244,270,000 | 236,265,000 |
| Risk-weighted assets | 1,901,986,000 | 1,950,320,000 | 2,021,787,000 | 2,086,531,000 |