Call reports 2013
MERCHANTS & CITIZENS BANK, THE — 2013
What MERCHANTS & CITIZENS BANK, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 103,388,000 | 99,637,000 | 96,541,000 | 104,142,000 |
| Total loans | 38,807,000 | 37,954,000 | 38,086,000 | 37,015,000 |
| Allowance for loan losses | 903,000 | 926,000 | 1,054,000 | 940,000 |
| Securities available for sale | 48,997,000 | 46,819,000 | 47,173,000 | 49,049,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,641,000 | 84,665,000 | 80,747,000 | 89,523,000 |
| Interest-bearing deposits | 63,401,000 | 62,241,000 | 60,013,000 | 67,638,000 |
| Noninterest-bearing deposits | 22,240,000 | 22,424,000 | 20,734,000 | 21,885,000 |
| Equity capital | 15,540,000 | 12,843,000 | 13,401,000 | 12,853,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 896,000 | 1,842,000 | 2,796,000 | 3,741,000 |
| Interest expense | 107,000 | 211,000 | 309,000 | 414,000 |
| Net interest income | 789,000 | 1,631,000 | 2,487,000 | 3,327,000 |
| Noninterest income | 108,000 | 227,000 | 342,000 | 446,000 |
| Noninterest expense | 698,000 | 1,442,000 | 2,161,000 | 2,940,000 |
| Provision for loan losses | 60,000 | 120,000 | 210,000 | 210,000 |
| Pretax income | 750,000 | 981,000 | 1,138,000 | 1,303,000 |
| Income tax | 163,000 | 200,000 | 209,000 | 153,000 |
| Net income | 587,000 | 781,000 | 929,000 | 1,150,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,229,000 | 13,423,000 | 13,571,000 | 13,371,000 |
| Total capital | 13,852,000 | 14,057,000 | 14,196,000 | 13,990,000 |
| Risk-weighted assets | 49,595,000 | 50,391,000 | 49,580,000 | 49,281,000 |