Call reports 2012
MERIT BANK — 2012
What MERIT 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 | 61,945,000 | 65,330,000 | 67,036,000 | 69,543,000 |
| Total loans | 52,870,000 | 56,998,000 | 57,933,000 | 57,501,000 |
| Allowance for loan losses | 839,000 | 828,000 | 823,000 | 769,000 |
| Securities available for sale | 4,899,000 | 4,089,000 | 3,536,000 | 3,714,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,560,000 | 51,987,000 | 58,659,000 | 60,307,000 |
| Interest-bearing deposits | 45,015,000 | 47,065,000 | 52,075,000 | 53,878,000 |
| Noninterest-bearing deposits | 4,545,000 | 4,922,000 | 6,584,000 | 6,429,000 |
| Equity capital | 5,635,000 | 6,036,000 | 6,231,000 | 6,788,000 |
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 | 727,000 | 1,536,000 | 2,454,000 | 3,364,000 |
| Interest expense | 153,000 | 310,000 | 473,000 | 639,000 |
| Net interest income | 574,000 | 1,226,000 | 1,981,000 | 2,725,000 |
| Noninterest income | 19,000 | 75,000 | 206,000 | 480,000 |
| Noninterest expense | 378,000 | 860,000 | 1,404,000 | 2,038,000 |
| Provision for loan losses | 65,000 | 110,000 | 155,000 | 265,000 |
| Pretax income | 153,000 | 334,000 | 632,000 | 906,000 |
| Income tax | 58,000 | 126,000 | 227,000 | 339,000 |
| Net income | 95,000 | 208,000 | 405,000 | 567,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,065,000 | 5,422,000 | 5,626,000 | 6,192,000 |
| Total capital | 5,617,000 | 5,998,000 | 6,217,000 | 6,785,000 |
| Risk-weighted assets | 43,895,000 | 45,467,000 | 47,211,000 | 51,426,000 |