Call reports 2011
MERIDIAN BANK, NATIONAL ASSOCIATION — 2011
What MERIDIAN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,193,980,000 | 1,124,272,000 | 1,043,356,000 | 971,866,000 |
| Total loans | 756,248,000 | 711,202,000 | 690,554,000 | 461,276,000 |
| Allowance for loan losses | 31,344,000 | 28,778,000 | 23,980,000 | 21,442,000 |
| Securities available for sale | 331,566,000 | 328,477,000 | 300,268,000 | 263,585,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 941,172,000 | 868,029,000 | 783,920,000 | 709,717,000 |
| Interest-bearing deposits | 896,559,000 | 817,601,000 | 722,331,000 | 650,135,000 |
| Noninterest-bearing deposits | 44,613,000 | 50,428,000 | 61,589,000 | 59,582,000 |
| Equity capital | 174,554,000 | 180,649,000 | 185,808,000 | 188,779,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 18,846,000 | 38,963,000 | 57,262,000 | 60,793,000 |
| Interest expense | 4,100,000 | 7,750,000 | 10,816,000 | 12,442,000 |
| Net interest income | 14,746,000 | 31,213,000 | 46,446,000 | 48,351,000 |
| Noninterest income | 3,012,000 | 4,391,000 | 7,596,000 | 3,099,000 |
| Noninterest expense | 14,000,000 | 27,566,000 | 40,661,000 | 45,128,000 |
| Provision for loan losses | 583,000 | 282,000 | 992,000 | -1,478,000 |
| Pretax income | 2,873,000 | 7,943,000 | 12,988,000 | 8,254,000 |
| Income tax | -22,000 | -10,000 | -6,000 | 0 |
| Net income | 2,895,000 | 7,953,000 | 12,994,000 | 18,166,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 160,944,000 | 166,293,000 | 171,431,000 | 186,701,000 |
| Total capital | 172,849,000 | 177,576,000 | 182,366,000 | 196,828,000 |
| Risk-weighted assets | 932,747,000 | 884,962,000 | 861,587,000 | 798,711,000 |