Call reports 2014
MERIDIAN BANK, NATIONAL ASSOCIATION — 2014
What MERIDIAN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 739,085,000 | 737,239,000 | 720,303,000 | 738,413,000 |
| Total loans | 511,848,000 | 517,335,000 | 538,873,000 | 580,965,000 |
| Allowance for loan losses | 6,774,000 | 6,043,000 | 6,173,000 | 6,362,000 |
| Securities available for sale | 122,320,000 | 150,438,000 | 139,847,000 | 128,239,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 576,156,000 | 584,012,000 | 574,449,000 | 578,529,000 |
| Interest-bearing deposits | 497,270,000 | 494,990,000 | 488,714,000 | 487,521,000 |
| Noninterest-bearing deposits | 78,886,000 | 89,022,000 | 85,735,000 | 91,008,000 |
| Equity capital | 104,070,000 | 93,473,000 | 95,810,000 | 98,893,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 11,407,000 | 23,157,000 | 34,771,000 | 46,704,000 |
| Interest expense | 1,378,000 | 2,778,000 | 4,160,000 | 5,440,000 |
| Net interest income | 10,029,000 | 20,379,000 | 30,611,000 | 41,264,000 |
| Noninterest income | 1,498,000 | 2,970,000 | 4,320,000 | 5,542,000 |
| Noninterest expense | 9,435,000 | 18,963,000 | 28,234,000 | 37,948,000 |
| Provision for loan losses | -140,000 | -1,456,000 | -1,535,000 | -1,820,000 |
| Pretax income | 2,237,000 | 5,836,000 | 8,226,000 | 10,672,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,237,000 | 5,836,000 | 8,226,000 | 10,672,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 105,333,000 | 93,932,000 | 96,322,000 | 98,768,000 |
| Total capital | 112,150,000 | 100,026,000 | 102,540,000 | 105,182,000 |
| Risk-weighted assets | 625,766,000 | 640,815,000 | 655,898,000 | 694,673,000 |