Call reports 2001
MERCHANTS BANK, NATIONAL ASSOCIATION — 2001
What MERCHANTS BANK, NATIONAL ASSOCIATION 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 | 98,005,000 | 94,512,000 | 93,845,000 | 96,679,000 |
| Total loans | 66,101,000 | 64,811,000 | 64,359,000 | 63,904,000 |
| Allowance for loan losses | 840,000 | 882,000 | 899,000 | 883,000 |
| Securities available for sale | 1,707,000 | 7,943,000 | 8,504,000 | 10,856,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,705,000 | 81,983,000 | 81,258,000 | 84,097,000 |
| Interest-bearing deposits | 67,966,000 | 63,994,000 | 62,225,000 | 62,651,000 |
| Noninterest-bearing deposits | 17,739,000 | 17,989,000 | 19,033,000 | 21,446,000 |
| Equity capital | 11,061,000 | 11,222,000 | 11,531,000 | 11,759,000 |
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 | 1,865,000 | 3,605,000 | 5,382,000 | 6,991,000 |
| Interest expense | 735,000 | 1,409,000 | 2,003,000 | 2,446,000 |
| Net interest income | 1,130,000 | 2,196,000 | 3,379,000 | 4,545,000 |
| Noninterest income | 268,000 | 573,000 | 891,000 | 1,228,000 |
| Noninterest expense | 1,033,000 | 2,049,000 | 3,066,000 | 4,031,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 335,000 | 661,000 | 1,115,000 | 1,623,000 |
| Income tax | 168,000 | 332,000 | 546,000 | 785,000 |
| Net income | 167,000 | 329,000 | 569,000 | 838,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,724,000 | 6,963,000 | 7,281,000 | 7,626,000 |
| Total capital | 7,532,000 | 7,751,000 | 8,040,000 | 8,398,000 |
| Risk-weighted assets | 64,570,000 | 62,939,000 | 60,563,000 | 61,532,000 |