Call reports 2002
MERCHANTS BANK OF INDIANA — 2002
What MERCHANTS BANK OF INDIANA reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 6,728,000 | 41,871,000 | 44,243,000 | 35,564,000 |
| Total loans | 3,877,000 | 3,952,000 | 6,496,000 | 4,355,000 |
| Allowance for loan losses | 60,000 | 57,000 | 59,000 | 56,000 |
| Securities available for sale | 1,507,000 | 30,234,000 | 30,822,000 | 16,479,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,216,000 | 26,872,000 | 25,021,000 | 25,440,000 |
| Interest-bearing deposits | 4,133,000 | 26,071,000 | 24,270,000 | 24,640,000 |
| Noninterest-bearing deposits | 1,083,000 | 801,000 | 751,000 | 800,000 |
| Equity capital | 966,000 | 6,218,000 | 7,329,000 | 9,189,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 102,000 | 650,000 | 1,235,000 | 1,702,000 |
| Interest expense | 31,000 | 292,000 | 475,000 | 623,000 |
| Net interest income | 71,000 | 358,000 | 760,000 | 1,079,000 |
| Noninterest income | 2,000 | 2,104,000 | 3,146,000 | 5,073,000 |
| Noninterest expense | 70,000 | 999,000 | 1,388,000 | 2,093,000 |
| Provision for loan losses | 0 | 1,000 | 2,000 | 3,000 |
| Pretax income | 3,000 | 1,841,000 | 3,319,000 | 5,211,000 |
| Income tax | 9,000 | 8,000 | 8,000 | -1,000 |
| Net income | -6,000 | 1,841,000 | 3,311,000 | 5,212,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 965,000 | 5,661,000 | 6,772,000 | 8,099,000 |
| Total capital | 1,014,000 | 5,718,000 | 6,831,000 | 8,155,000 |
| Risk-weighted assets | 3,919,000 | 11,894,000 | 13,646,000 | 13,310,000 |