Call reports 2009
MERCHANTS & CITIZENS BANK, THE — 2009
What MERCHANTS & CITIZENS BANK, THE reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 100,612,000 | 99,471,000 | 99,311,000 | 103,703,000 |
| Total loans | 51,032,000 | 50,198,000 | 50,350,000 | 50,372,000 |
| Allowance for loan losses | 1,104,000 | 1,085,000 | 1,230,000 | 1,261,000 |
| Securities available for sale | 32,500,000 | 36,031,000 | 35,275,000 | 34,494,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,874,000 | 85,674,000 | 84,342,000 | 89,295,000 |
| Interest-bearing deposits | 71,010,000 | 70,582,000 | 68,850,000 | 68,465,000 |
| Noninterest-bearing deposits | 15,864,000 | 15,092,000 | 15,492,000 | 20,830,000 |
| Equity capital | 12,214,000 | 12,175,000 | 13,280,000 | 12,907,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,347,000 | 2,642,000 | 4,012,000 | 5,289,000 |
| Interest expense | 449,000 | 880,000 | 1,281,000 | 1,637,000 |
| Net interest income | 898,000 | 1,762,000 | 2,731,000 | 3,652,000 |
| Noninterest income | 139,000 | 299,000 | 454,000 | 614,000 |
| Noninterest expense | 704,000 | 1,465,000 | 2,157,000 | 2,883,000 |
| Provision for loan losses | 90,000 | 210,000 | 350,000 | 440,000 |
| Pretax income | 298,000 | 495,000 | 873,000 | 1,127,000 |
| Income tax | 65,000 | 64,000 | 155,000 | 183,000 |
| Net income | 233,000 | 431,000 | 718,000 | 944,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,745,000 | 9,947,000 | 10,239,000 | 10,231,000 |
| Total capital | 10,477,000 | 10,677,000 | 10,962,000 | 10,956,000 |
| Risk-weighted assets | 58,171,000 | 58,053,000 | 57,312,000 | 57,437,000 |