Call reports 2015
MERCHANTS & CITIZENS BANK, THE — 2015
What MERCHANTS & CITIZENS BANK, THE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 108,680,000 | 104,647,000 | 102,357,000 | 105,296,000 |
| Total loans | 35,913,000 | 37,191,000 | 36,663,000 | 35,965,000 |
| Allowance for loan losses | 1,070,000 | 1,102,000 | 1,130,000 | 1,067,000 |
| Securities available for sale | 54,674,000 | 54,262,000 | 51,450,000 | 53,396,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 89,994,000 | 86,581,000 | 83,479,000 | 86,559,000 |
| Interest-bearing deposits | 64,162,000 | 61,225,000 | 59,349,000 | 60,931,000 |
| Noninterest-bearing deposits | 25,831,000 | 25,356,000 | 24,130,000 | 25,628,000 |
| Equity capital | 16,848,000 | 16,246,000 | 17,079,000 | 16,901,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 870,000 | 1,737,000 | 2,615,000 | 3,476,000 |
| Interest expense | 100,000 | 202,000 | 303,000 | 404,000 |
| Net interest income | 770,000 | 1,535,000 | 2,312,000 | 3,072,000 |
| Noninterest income | 101,000 | 198,000 | 293,000 | 377,000 |
| Noninterest expense | 659,000 | 1,226,000 | 1,843,000 | 2,758,000 |
| Provision for loan losses | 10,000 | 10,000 | 50,000 | 0 |
| Pretax income | 228,000 | 564,000 | 769,000 | 748,000 |
| Income tax | 25,000 | 68,000 | 88,000 | 20,000 |
| Net income | 203,000 | 496,000 | 681,000 | 728,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,306,000 | 14,598,000 | 14,784,000 | 14,495,000 |
| Total capital | 14,890,000 | 15,241,000 | 15,403,000 | 15,112,000 |
| Risk-weighted assets | 46,268,000 | 50,989,000 | 48,983,000 | 48,949,000 |