Call reports 2011
MERCHANTS & CITIZENS BANK, THE — 2011
What MERCHANTS & CITIZENS BANK, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 97,843,000 | 95,127,000 | 97,308,000 | 101,945,000 |
| Total loans | 43,484,000 | 43,305,000 | 43,030,000 | 42,864,000 |
| Allowance for loan losses | 1,213,000 | 1,138,000 | 1,070,000 | 1,021,000 |
| Securities available for sale | 39,924,000 | 40,559,000 | 39,008,000 | 40,674,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,212,000 | 79,359,000 | 80,720,000 | 85,719,000 |
| Interest-bearing deposits | 63,757,000 | 61,707,000 | 61,561,000 | 60,793,000 |
| Noninterest-bearing deposits | 19,455,000 | 17,652,000 | 19,159,000 | 24,926,000 |
| Equity capital | 13,030,000 | 14,083,000 | 14,817,000 | 14,612,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,137,000 | 2,318,000 | 3,483,000 | 4,589,000 |
| Interest expense | 213,000 | 393,000 | 561,000 | 707,000 |
| Net interest income | 924,000 | 1,925,000 | 2,922,000 | 3,882,000 |
| Noninterest income | 134,000 | 263,000 | 294,000 | 426,000 |
| Noninterest expense | 702,000 | 1,381,000 | 2,029,000 | 2,814,000 |
| Provision for loan losses | 105,000 | 110,000 | 340,000 | 445,000 |
| Pretax income | 237,000 | 732,000 | 1,204,000 | 1,465,000 |
| Income tax | 2,000 | 83,000 | 159,000 | 157,000 |
| Net income | 235,000 | 649,000 | 1,045,000 | 1,308,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,622,000 | 11,041,000 | 11,443,000 | 11,382,000 |
| Total capital | 11,331,000 | 11,743,000 | 12,133,000 | 12,099,000 |
| Risk-weighted assets | 56,238,000 | 55,659,000 | 54,837,000 | 57,046,000 |