Call reports 2020
MERCHANTS & PLANTERS BANK, THE — 2020
What MERCHANTS & PLANTERS BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 38,131,000 | 42,027,000 | 41,203,000 | 43,400,000 |
| Total loans | 10,103,000 | 13,062,000 | 14,441,000 | 12,877,000 |
| Allowance for loan losses | 119,000 | 142,000 | 142,000 | 142,000 |
| Securities available for sale | 22,262,000 | 17,785,000 | 19,705,000 | 23,303,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,788,000 | 36,216,000 | 35,365,000 | 37,612,000 |
| Interest-bearing deposits | 26,078,000 | 28,544,000 | 15,147,000 | 15,983,000 |
| Noninterest-bearing deposits | 6,710,000 | 7,672,000 | 20,218,000 | 21,629,000 |
| Equity capital | 5,312,000 | 5,651,000 | 5,684,000 | 5,623,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 313,000 | 652,000 | 974,000 | 1,265,000 |
| Interest expense | 36,000 | 73,000 | 110,000 | 145,000 |
| Net interest income | 277,000 | 579,000 | 864,000 | 1,120,000 |
| Noninterest income | 50,000 | 77,000 | 113,000 | 132,000 |
| Noninterest expense | 305,000 | 599,000 | 883,000 | 1,157,000 |
| Provision for loan losses | 10,000 | 35,000 | 50,000 | 50,000 |
| Pretax income | 12,000 | 22,000 | 44,000 | 45,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 12,000 | 22,000 | 44,000 | 45,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,339,000 | 5,327,000 | 5,488,000 | 5,459,000 |