Call reports 2012
MERIDIAN BANK, NATIONAL ASSOCIATION — 2012
What MERIDIAN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 885,992,000 | 907,862,000 | 758,072,000 | 709,584,000 |
| Total loans | 421,343,000 | 406,795,000 | 430,425,000 | 419,157,000 |
| Allowance for loan losses | 16,193,000 | 15,424,000 | 14,402,000 | 9,237,000 |
| Securities available for sale | 329,970,000 | 265,394,000 | 266,951,000 | 233,547,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 647,993,000 | 713,528,000 | 560,614,000 | 527,016,000 |
| Interest-bearing deposits | 579,295,000 | 645,883,000 | 488,899,000 | 454,985,000 |
| Noninterest-bearing deposits | 68,698,000 | 67,645,000 | 71,715,000 | 72,031,000 |
| Equity capital | 192,954,000 | 149,089,000 | 151,432,000 | 136,494,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 11,914,000 | 23,955,000 | 35,059,000 | 46,493,000 |
| Interest expense | 2,119,000 | 4,041,000 | 5,658,000 | 7,133,000 |
| Net interest income | 9,795,000 | 19,914,000 | 29,401,000 | 39,360,000 |
| Noninterest income | 5,584,000 | 6,070,000 | 6,671,000 | 6,896,000 |
| Noninterest expense | 10,347,000 | 19,568,000 | 29,542,000 | 38,716,000 |
| Provision for loan losses | -100,000 | -95,000 | -1,595,000 | -5,793,000 |
| Pretax income | 5,132,000 | 6,221,000 | 7,789,000 | 13,048,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 5,132,000 | 6,221,000 | 7,789,000 | 13,048,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 191,833,000 | 147,482,000 | 149,049,000 | 134,308,000 |
| Total capital | 199,299,000 | 154,482,000 | 156,299,000 | 141,497,000 |
| Risk-weighted assets | 588,459,000 | 551,508,000 | 572,751,000 | 573,054,000 |