Call reports 2013
MERIDIAN BANK, NATIONAL ASSOCIATION — 2013
What MERIDIAN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 690,829,000 | 711,057,000 | 728,436,000 | 701,231,000 |
| Total loans | 426,507,000 | 499,020,000 | 528,222,000 | 529,597,000 |
| Allowance for loan losses | 6,535,000 | 6,138,000 | 6,512,000 | 6,562,000 |
| Securities available for sale | 206,157,000 | 181,462,000 | 157,896,000 | 134,494,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 511,353,000 | 501,992,000 | 509,728,000 | 538,299,000 |
| Interest-bearing deposits | 441,053,000 | 435,740,000 | 437,933,000 | 467,568,000 |
| Noninterest-bearing deposits | 70,300,000 | 66,252,000 | 71,795,000 | 70,731,000 |
| Equity capital | 136,152,000 | 115,369,000 | 117,894,000 | 100,763,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 9,998,000 | 20,723,000 | 32,005,000 | 43,759,000 |
| Interest expense | 1,332,000 | 2,597,000 | 3,859,000 | 5,185,000 |
| Net interest income | 8,666,000 | 18,126,000 | 28,146,000 | 38,574,000 |
| Noninterest income | 1,034,000 | 2,260,000 | 3,425,000 | 4,989,000 |
| Noninterest expense | 9,483,000 | 19,027,000 | 28,643,000 | 38,154,000 |
| Provision for loan losses | -31,000 | -646,000 | -2,560,000 | -3,361,000 |
| Pretax income | 221,000 | 1,978,000 | 5,420,000 | 8,788,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 221,000 | 1,978,000 | 5,420,000 | 8,788,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 134,529,000 | 116,285,000 | 119,728,000 | 103,096,000 |
| Total capital | 141,096,000 | 122,453,000 | 126,272,000 | 109,692,000 |
| Risk-weighted assets | 568,338,000 | 624,060,000 | 646,309,000 | 650,956,000 |