Call reports 2012
MERCHANTS NATIONAL BANK — 2012
What MERCHANTS NATIONAL BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 594,523,000 | 577,352,000 | 568,253,000 | 561,763,000 |
| Total loans | 433,213,000 | 448,675,000 | 457,507,000 | 462,407,000 |
| Allowance for loan losses | 4,413,000 | 4,485,000 | 4,681,000 | 4,720,000 |
| Securities available for sale | 55,733,000 | 46,529,000 | 43,748,000 | 39,514,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 504,637,000 | 488,307,000 | 481,494,000 | 477,313,000 |
| Interest-bearing deposits | 436,699,000 | 421,891,000 | 415,108,000 | 399,645,000 |
| Noninterest-bearing deposits | 67,937,000 | 66,417,000 | 66,386,000 | 77,667,000 |
| Equity capital | 50,420,000 | 51,207,000 | 50,552,000 | 50,806,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 6,826,000 | 13,532,000 | 20,286,000 | 27,033,000 |
| Interest expense | 1,211,000 | 2,331,000 | 3,340,000 | 4,248,000 |
| Net interest income | 5,615,000 | 11,201,000 | 16,946,000 | 22,785,000 |
| Noninterest income | 606,000 | 1,342,000 | 2,049,000 | 2,647,000 |
| Noninterest expense | 3,430,000 | 6,629,000 | 9,866,000 | 13,564,000 |
| Provision for loan losses | 390,000 | 820,000 | 1,285,000 | 1,675,000 |
| Pretax income | 2,401,000 | 5,094,000 | 7,844,000 | 10,193,000 |
| Income tax | 720,000 | 1,556,000 | 2,409,000 | 3,140,000 |
| Net income | 1,681,000 | 3,538,000 | 5,435,000 | 7,050,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,235,000 | 51,043,000 | 50,195,000 | 50,737,000 |
| Total capital | 54,653,000 | 55,536,000 | 54,877,000 | 55,457,000 |
| Risk-weighted assets | 407,322,000 | 425,649,000 | 423,903,000 | 435,241,000 |