Call reports 2023
MERCHANTS & PLANTERS BANK, THE — 2023
What MERCHANTS & PLANTERS BANK, THE reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 44,503,000 | 47,422,000 | 45,573,000 | 49,705,000 |
| Total loans | 15,480,000 | 16,179,000 | 17,258,000 | 15,223,000 |
| Allowance for loan losses | 156,000 | 158,000 | 129,000 | 128,000 |
| Securities available for sale | 25,316,000 | 24,971,000 | 24,109,000 | 27,194,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,791,000 | 44,693,000 | 43,495,000 | 46,744,000 |
| Interest-bearing deposits | 33,439,000 | 34,712,000 | 25,837,000 | 35,936,000 |
| Noninterest-bearing deposits | 8,352,000 | 9,981,000 | 17,658,000 | 10,808,000 |
| Equity capital | 2,637,000 | 2,588,000 | 1,953,000 | 2,814,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 414,000 | 853,000 | 1,321,000 | 1,813,000 |
| Interest expense | 55,000 | 131,000 | 228,000 | 340,000 |
| Net interest income | 359,000 | 722,000 | 1,093,000 | 1,473,000 |
| Noninterest income | 43,000 | 82,000 | 131,000 | 217,000 |
| Noninterest expense | 312,000 | 622,000 | 945,000 | 1,262,000 |
| Provision for loan losses | 0 | 0 | 7,000 | 7,000 |
| Pretax income | 90,000 | 182,000 | 264,000 | 413,000 |
| Income tax | 0 | 27,000 | 27,000 | 27,000 |
| Net income | 90,000 | 155,000 | 237,000 | 386,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,524,000 | 5,589,000 | 5,671,000 | 5,551,000 |