Call reports 2012
MERCHANTS & CITIZENS BANK, THE — 2012
What MERCHANTS & CITIZENS BANK, THE reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 103,817,000 | 102,174,000 | 99,206,000 | 99,037,000 |
| Total loans | 42,070,000 | 40,316,000 | 41,207,000 | 40,278,000 |
| Allowance for loan losses | 1,133,000 | 1,067,000 | 903,000 | 831,000 |
| Securities available for sale | 45,656,000 | 45,721,000 | 42,954,000 | 44,956,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,167,000 | 84,915,000 | 80,722,000 | 81,147,000 |
| Interest-bearing deposits | 66,388,000 | 64,472,000 | 61,337,000 | 60,772,000 |
| Noninterest-bearing deposits | 20,779,000 | 20,443,000 | 19,385,000 | 20,375,000 |
| Equity capital | 14,960,000 | 15,473,000 | 16,507,000 | 15,996,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,148,000 | 2,195,000 | 3,240,000 | 4,263,000 |
| Interest expense | 145,000 | 285,000 | 416,000 | 534,000 |
| Net interest income | 1,003,000 | 1,910,000 | 2,824,000 | 3,729,000 |
| Noninterest income | 117,000 | 235,000 | 363,000 | 470,000 |
| Noninterest expense | 682,000 | 1,417,000 | 2,078,000 | 2,919,000 |
| Provision for loan losses | 105,000 | 175,000 | 0 | 0 |
| Pretax income | 768,000 | 1,040,000 | 1,792,000 | 2,123,000 |
| Income tax | 201,000 | 214,000 | 275,000 | 400,000 |
| Net income | 567,000 | 826,000 | 1,517,000 | 1,723,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,947,000 | 12,207,000 | 12,897,000 | 12,641,000 |
| Total capital | 12,641,000 | 12,863,000 | 13,556,000 | 13,294,000 |
| Risk-weighted assets | 55,059,000 | 52,107,000 | 52,491,000 | 52,028,000 |