Call reports 2017
MERIT BANK — 2017
What MERIT BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 |
|---|---|
| Total assets | 87,129,000 |
| Total loans | 79,687,000 |
| Allowance for loan losses | 1,166,000 |
| Securities available for sale | 496,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 67,349,000 |
| Interest-bearing deposits | 56,351,000 |
| Noninterest-bearing deposits | 10,998,000 |
| Equity capital | 8,769,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 |
|---|---|
| Interest income | 1,161,000 |
| Interest expense | 198,000 |
| Net interest income | 963,000 |
| Noninterest income | 425,000 |
| Noninterest expense | 2,122,000 |
| Provision for loan losses | -95,000 |
| Pretax income | -617,000 |
| Income tax | -248,000 |
| Net income | -369,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 |
|---|---|
| Tier 1 capital | 8,206,000 |
| Total capital | 9,156,000 |
| Risk-weighted assets | 75,788,000 |