Call reports 2009
MERCHANTS NATIONAL BANK — 2009
What MERCHANTS NATIONAL BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 429,245,000 | 433,367,000 | 538,388,000 | 545,510,000 |
| Total loans | 345,962,000 | 350,609,000 | 429,681,000 | 435,917,000 |
| Allowance for loan losses | 3,337,000 | 3,319,000 | 4,397,000 | 3,581,000 |
| Securities available for sale | 45,104,000 | 42,346,000 | 62,630,000 | 62,807,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 338,851,000 | 344,829,000 | 444,902,000 | 451,738,000 |
| Interest-bearing deposits | 301,003,000 | 305,962,000 | 397,692,000 | 400,336,000 |
| Noninterest-bearing deposits | 37,848,000 | 38,866,000 | 47,211,000 | 51,402,000 |
| Equity capital | 35,644,000 | 35,204,000 | 40,013,000 | 40,399,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 6,365,000 | 12,709,000 | 19,593,000 | 26,958,000 |
| Interest expense | 2,378,000 | 4,745,000 | 7,019,000 | 9,333,000 |
| Net interest income | 3,987,000 | 7,964,000 | 12,574,000 | 17,625,000 |
| Noninterest income | 549,000 | 1,133,000 | 1,689,000 | 2,251,000 |
| Noninterest expense | 2,689,000 | 5,713,000 | 8,951,000 | 12,586,000 |
| Provision for loan losses | 168,000 | 280,000 | 598,000 | 1,136,000 |
| Pretax income | 1,679,000 | 3,104,000 | 4,714,000 | 6,154,000 |
| Income tax | 505,000 | 934,000 | 1,426,000 | 1,593,000 |
| Net income | 1,174,000 | 2,170,000 | 3,288,000 | 4,561,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,499,000 | 37,449,000 | 39,683,000 | 39,798,000 |
| Total capital | 40,836,000 | 40,768,000 | 44,089,000 | 43,381,000 |
| Risk-weighted assets | 326,349,000 | 335,219,000 | 406,599,000 | 419,112,000 |