Call reports 2008
MERCHANTS BANK OF INDIANA — 2008
What MERCHANTS BANK OF INDIANA reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 162,558,000 | 160,729,000 | 157,593,000 | 158,620,000 |
| Total loans | 28,471,000 | 40,018,000 | 41,715,000 | 43,046,000 |
| Allowance for loan losses | 477,000 | 499,000 | 523,000 | 718,000 |
| Securities available for sale | 104,570,000 | 94,075,000 | 89,301,000 | 60,885,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,809,000 | 105,678,000 | 109,137,000 | 106,697,000 |
| Interest-bearing deposits | 110,776,000 | 103,810,000 | 106,780,000 | 100,136,000 |
| Noninterest-bearing deposits | 2,033,000 | 1,868,000 | 2,357,000 | 6,561,000 |
| Equity capital | 28,974,000 | 27,044,000 | 26,966,000 | 25,854,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,626,000 | 3,196,000 | 4,626,000 | 6,020,000 |
| Interest expense | 884,000 | 1,606,000 | 2,255,000 | 2,811,000 |
| Net interest income | 742,000 | 1,590,000 | 2,371,000 | 3,209,000 |
| Noninterest income | 761,000 | 1,704,000 | 2,119,000 | 4,897,000 |
| Noninterest expense | 671,000 | 1,307,000 | 1,988,000 | 2,787,000 |
| Provision for loan losses | 23,000 | 46,000 | 69,000 | 285,000 |
| Pretax income | 887,000 | 2,051,000 | 2,594,000 | 5,162,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 887,000 | 2,051,000 | 2,594,000 | 5,162,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,281,000 | 26,667,000 | 26,587,000 | 25,156,000 |
| Total capital | 28,758,000 | 27,166,000 | 27,110,000 | 25,874,000 |
| Risk-weighted assets | 68,391,000 | 76,818,000 | 77,565,000 | 81,186,000 |