Call reports 2022
MERCHANTS & CITIZENS BANK, THE — 2022
What MERCHANTS & CITIZENS BANK, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 132,488,000 | 133,593,000 | 129,677,000 | 128,446,000 |
| Total loans | 34,767,000 | 32,797,000 | 31,746,000 | 33,237,000 |
| Allowance for loan losses | 958,000 | 1,015,000 | 1,019,000 | 980,000 |
| Securities available for sale | 76,682,000 | 76,107,000 | 75,911,000 | 78,342,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,625,000 | 119,260,000 | 118,629,000 | 115,714,000 |
| Interest-bearing deposits | 73,461,000 | 75,484,000 | 72,732,000 | 71,686,000 |
| Noninterest-bearing deposits | 43,164,000 | 43,776,000 | 45,897,000 | 44,028,000 |
| Equity capital | 13,553,000 | 12,405,000 | 8,957,000 | 10,904,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 840,000 | 1,751,000 | 2,756,000 | 3,808,000 |
| Interest expense | 114,000 | 226,000 | 341,000 | 462,000 |
| Net interest income | 726,000 | 1,525,000 | 2,415,000 | 3,346,000 |
| Noninterest income | 96,000 | 2,364,000 | 2,435,000 | 2,543,000 |
| Noninterest expense | 697,000 | 1,345,000 | 1,990,000 | 3,095,000 |
| Provision for loan losses | 0 | 0 | 0 | -52,000 |
| Pretax income | 156,000 | 2,575,000 | 2,891,000 | 2,877,000 |
| Income tax | -3,000 | 147,000 | 150,000 | 34,000 |
| Net income | 159,000 | 2,428,000 | 2,741,000 | 2,843,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,965,000 | 18,266,000 | 18,553,000 | 18,360,000 |
| Total capital | 16,717,000 | 19,015,000 | 19,321,000 | 19,259,000 |
| Risk-weighted assets | 59,979,000 | 59,723,000 | 61,259,000 | 71,906,000 |