Call reports 2001
MERIT BANK — 2001
What MERIT 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 | 6,060,000 | 5,736,000 | 5,854,000 | 5,858,000 |
| Total loans | 4,258,000 | 4,261,000 | 4,355,000 | 4,400,000 |
| Allowance for loan losses | 81,000 | 82,000 | 84,000 | 84,000 |
| Securities available for sale | 909,000 | 912,000 | 719,000 | 1,062,000 |
| Securities held to maturity | 66,000 | 73,000 | 72,000 | 72,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,410,000 | 5,063,000 | 5,160,000 | 5,229,000 |
| Interest-bearing deposits | 4,582,000 | 4,358,000 | 4,475,000 | 4,539,000 |
| Noninterest-bearing deposits | 828,000 | 705,000 | 685,000 | 690,000 |
| Equity capital | 578,000 | 608,000 | 631,000 | 579,000 |
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 | 114,000 | 226,000 | 334,000 | 442,000 |
| Interest expense | 45,000 | 89,000 | 130,000 | 167,000 |
| Net interest income | 69,000 | 137,000 | 204,000 | 275,000 |
| Noninterest income | 6,000 | 12,000 | 18,000 | 23,000 |
| Noninterest expense | 36,000 | 72,000 | 109,000 | 162,000 |
| Provision for loan losses | 1,000 | 1,000 | 2,000 | 2,000 |
| Pretax income | 38,000 | 76,000 | 111,000 | 134,000 |
| Income tax | 14,000 | 28,000 | 41,000 | 46,000 |
| Net income | 24,000 | 48,000 | 70,000 | 88,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 578,000 | 598,000 | 620,000 | 573,000 |
| Total capital | 626,000 | 645,000 | 668,000 | 621,000 |
| Risk-weighted assets | 3,783,000 | 3,763,000 | 3,781,000 | 3,904,000 |