Call reports 2025
MERCHANTS & CITIZENS BANK, THE — 2025
What MERCHANTS & CITIZENS BANK, THE reported to the FFIEC in 2025, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Total assets | 141,495,000 | 147,286,000 | 141,926,000 | 137,634,000 |
| Total loans | 45,796,000 | 50,569,000 | 50,854,000 | 50,997,000 |
| Allowance for loan losses | 936,000 | 970,000 | 1,007,000 | 1,142,000 |
| Securities available for sale | 75,692,000 | 80,102,000 | 74,256,000 | 70,347,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,183,000 | 132,354,000 | 125,192,000 | 121,213,000 |
| Interest-bearing deposits | 85,169,000 | 87,894,000 | 84,861,000 | 81,134,000 |
| Noninterest-bearing deposits | 42,014,000 | 44,460,000 | 40,331,000 | 40,079,000 |
| Equity capital | 12,118,000 | 12,544,000 | 14,221,000 | 14,481,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Interest income | 1,461,000 | 3,025,000 | 4,569,000 | 6,034,000 |
| Interest expense | 463,000 | 920,000 | 1,361,000 | 1,782,000 |
| Net interest income | 998,000 | 2,105,000 | 3,208,000 | 4,252,000 |
| Noninterest income | 81,000 | 153,000 | 234,000 | 301,000 |
| Noninterest expense | 967,000 | 1,823,000 | 2,726,000 | 3,796,000 |
| Provision for loan losses | 0 | 35,000 | 71,000 | 206,000 |
| Pretax income | 112,000 | 400,000 | 645,000 | 551,000 |
| Income tax | -18,000 | -43,000 | -70,000 | -25,000 |
| Net income | 130,000 | 443,000 | 715,000 | 576,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2025Q1 | 2025Q2 | 2025Q3 | 2025Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,560,000 | 18,758,000 | 19,016,000 | 18,459,000 |
| Total capital | 19,497,000 | 19,728,000 | 20,023,000 | 19,482,000 |
| Risk-weighted assets | 79,012,000 | 81,975,000 | 82,286,000 | 81,764,000 |