Call reports 2001
MERCHANTS NATIONAL BANK — 2001
What MERCHANTS NATIONAL BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 271,895,000 | 282,541,000 | 286,534,000 | 299,229,000 |
| Total loans | 223,434,000 | 230,266,000 | 229,742,000 | 223,075,000 |
| Allowance for loan losses | 1,938,000 | 1,986,000 | 1,997,000 | 1,960,000 |
| Securities available for sale | 32,592,000 | 29,911,000 | 31,057,000 | 33,705,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 234,582,000 | 245,555,000 | 248,252,000 | 259,288,000 |
| Interest-bearing deposits | 211,486,000 | 221,068,000 | 220,548,000 | 228,067,000 |
| Noninterest-bearing deposits | 23,096,000 | 24,487,000 | 27,704,000 | 31,220,000 |
| Equity capital | 22,775,000 | 23,111,000 | 24,449,000 | 24,398,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 5,646,000 | 11,321,000 | 16,968,000 | 22,116,000 |
| Interest expense | 2,833,000 | 5,627,000 | 8,350,000 | 10,793,000 |
| Net interest income | 2,813,000 | 5,694,000 | 8,618,000 | 11,323,000 |
| Noninterest income | 313,000 | 660,000 | 1,049,000 | 1,472,000 |
| Noninterest expense | 1,655,000 | 3,195,000 | 4,856,000 | 6,548,000 |
| Provision for loan losses | 49,000 | 116,000 | 168,000 | 177,000 |
| Pretax income | 1,422,000 | 3,043,000 | 4,643,000 | 6,070,000 |
| Income tax | 443,000 | 954,000 | 1,466,000 | 1,862,000 |
| Net income | 979,000 | 2,089,000 | 3,177,000 | 4,208,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,229,000 | 22,619,000 | 23,706,000 | 23,898,000 |
| Total capital | 24,176,000 | 24,605,000 | 25,704,000 | 25,858,000 |
| Risk-weighted assets | 198,170,000 | 204,362,000 | 205,666,000 | 206,243,000 |