Call reports 2006
MERIT BANK — 2006
What MERIT BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 5,832,000 | 5,568,000 | 5,354,000 | 5,808,000 |
| Total loans | 3,699,000 | 3,666,000 | 3,536,000 | 3,381,000 |
| Allowance for loan losses | 60,000 | 60,000 | 58,000 | 59,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,782,000 | 4,502,000 | 4,288,000 | 4,724,000 |
| Interest-bearing deposits | 3,899,000 | 3,618,000 | 3,542,000 | 3,837,000 |
| Noninterest-bearing deposits | 883,000 | 884,000 | 745,000 | 887,000 |
| Equity capital | 994,000 | 1,010,000 | 1,026,000 | 1,045,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 80,000 | 162,000 | 242,000 | 324,000 |
| Interest expense | 15,000 | 31,000 | 47,000 | 64,000 |
| Net interest income | 65,000 | 131,000 | 195,000 | 260,000 |
| Noninterest income | 5,000 | 8,000 | 13,000 | 18,000 |
| Noninterest expense | 44,000 | 90,000 | 137,000 | 180,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 26,000 | 49,000 | 71,000 | 98,000 |
| Income tax | 8,000 | 14,000 | 20,000 | 28,000 |
| Net income | 18,000 | 35,000 | 51,000 | 70,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 778,000 | 799,000 | 815,000 | 837,000 |
| Total capital | 824,000 | 845,000 | 859,000 | 879,000 |
| Risk-weighted assets | 3,915,000 | 3,841,000 | 3,752,000 | 3,732,000 |