Call reports 2021
MERCHANTS BANK OF INDIANA — 2021
What MERCHANTS BANK OF INDIANA reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 9,450,338,000 | 9,623,118,000 | 10,674,517,000 | 10,994,199,000 |
| Total loans | 8,695,796,000 | 8,663,558,000 | 9,325,172,000 | 9,423,728,000 |
| Allowance for loan losses | 28,392,000 | 28,076,000 | 28,406,000 | 29,560,000 |
| Securities available for sale | 230,546,000 | 304,559,000 | 290,997,000 | 301,878,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 7,922,521,000 | 7,855,786,000 | 8,757,745,000 | 8,795,024,000 |
| Interest-bearing deposits | 7,061,772,000 | 7,039,433,000 | 7,943,009,000 | 8,158,871,000 |
| Noninterest-bearing deposits | 860,749,000 | 816,353,000 | 814,736,000 | 636,153,000 |
| Equity capital | 922,117,000 | 1,009,568,000 | 1,062,038,000 | 1,097,027,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 77,439,000 | 147,634,000 | 222,787,000 | 303,023,000 |
| Interest expense | 6,379,000 | 13,167,000 | 20,309,000 | 28,905,000 |
| Net interest income | 71,060,000 | 134,467,000 | 202,478,000 | 274,118,000 |
| Noninterest income | 43,438,000 | 75,892,000 | 115,645,000 | 155,116,000 |
| Noninterest expense | 28,811,000 | 55,642,000 | 83,900,000 | 120,314,000 |
| Provision for loan losses | 1,659,000 | 1,419,000 | 2,391,000 | 4,833,000 |
| Pretax income | 84,028,000 | 153,298,000 | 231,832,000 | 304,087,000 |
| Income tax | 22,143,000 | 40,095,000 | 60,190,000 | 77,657,000 |
| Net income | 61,885,000 | 113,203,000 | 171,642,000 | 226,430,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 913,718,000 | 1,001,502,000 | 1,052,260,000 | 1,088,621,000 |