Call reports 2003
MERCHANTS BANK OF INDIANA — 2003
What MERCHANTS BANK OF INDIANA reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 44,319,000 | 58,943,000 | 59,381,000 | 79,793,000 |
| Total loans | 4,341,000 | 3,314,000 | 4,869,000 | 9,047,000 |
| Allowance for loan losses | 58,000 | 59,000 | 62,000 | 112,000 |
| Securities available for sale | 26,352,000 | 40,420,000 | 36,716,000 | 54,351,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,553,000 | 31,648,000 | 36,541,000 | 42,380,000 |
| Interest-bearing deposits | 26,373,000 | 30,668,000 | 35,639,000 | 41,329,000 |
| Noninterest-bearing deposits | 1,180,000 | 980,000 | 901,000 | 1,051,000 |
| Equity capital | 10,163,000 | 12,976,000 | 15,179,000 | 16,900,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 357,000 | 940,000 | 1,453,000 | 1,850,000 |
| Interest expense | 138,000 | 296,000 | 476,000 | 627,000 |
| Net interest income | 219,000 | 644,000 | 977,000 | 1,223,000 |
| Noninterest income | 1,717,000 | 4,359,000 | 5,776,000 | 7,291,000 |
| Noninterest expense | 413,000 | 847,000 | 1,279,000 | 1,980,000 |
| Provision for loan losses | 1,000 | 3,000 | 5,000 | 55,000 |
| Pretax income | 1,531,000 | 5,456,000 | 8,853,000 | 10,658,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,531,000 | 5,456,000 | 8,853,000 | 10,658,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,541,000 | 12,332,000 | 14,584,000 | 16,320,000 |
| Total capital | 9,599,000 | 12,391,000 | 14,646,000 | 16,432,000 |
| Risk-weighted assets | 16,392,000 | 19,928,000 | 21,442,000 | 28,127,000 |