Call reports 2020
MERCHANTS BANK OF INDIANA — 2020
What MERCHANTS BANK OF INDIANA reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 7,687,692,000 | 9,220,193,000 | 9,308,761,000 | 9,410,173,000 |
| Total loans | 6,598,736,000 | 8,367,769,000 | 8,385,007,000 | 8,742,238,000 |
| Allowance for loan losses | 18,368,000 | 19,935,000 | 22,855,000 | 26,799,000 |
| Securities available for sale | 323,269,000 | 242,486,000 | 266,775,000 | 255,785,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 6,554,234,000 | 6,732,234,000 | 6,907,559,000 | 7,218,172,000 |
| Interest-bearing deposits | 6,245,513,000 | 6,154,467,000 | 6,261,973,000 | 6,387,745,000 |
| Noninterest-bearing deposits | 308,721,000 | 577,767,000 | 645,586,000 | 830,427,000 |
| Equity capital | 652,688,000 | 689,274,000 | 736,707,000 | 789,826,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 58,446,000 | 124,703,000 | 198,926,000 | 274,853,000 |
| Interest expense | 20,634,000 | 36,083,000 | 45,474,000 | 53,004,000 |
| Net interest income | 37,812,000 | 88,620,000 | 153,452,000 | 221,849,000 |
| Noninterest income | 19,457,000 | 45,312,000 | 83,265,000 | 125,648,000 |
| Noninterest expense | 20,406,000 | 38,865,000 | 63,416,000 | 88,905,000 |
| Provision for loan losses | 2,936,000 | 4,602,000 | 7,554,000 | 11,423,000 |
| Pretax income | 33,927,000 | 90,465,000 | 165,747,000 | 247,169,000 |
| Income tax | 8,644,000 | 23,181,000 | 43,011,000 | 63,891,000 |
| Net income | 25,283,000 | 67,284,000 | 122,736,000 | 183,278,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 642,891,000 | 680,095,000 | 727,788,000 | 781,221,000 |