Call reports 2023
MERCHANTS BANK OF INDIANA — 2023
What MERCHANTS BANK OF INDIANA reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 13,954,950,000 | 15,571,813,000 | 16,169,863,000 | 16,635,872,000 |
| Total loans | 11,450,889,000 | 13,030,044,000 | 13,668,152,000 | 13,273,887,000 |
| Allowance for loan losses | 51,106,000 | 62,261,000 | 66,206,000 | 71,158,000 |
| Securities available for sale | 668,814,000 | 638,032,000 | 613,657,000 | 379,664,000 |
| Securities held to maturity | 1,104,835,000 | 1,062,017,000 | 1,012,801,000 | 1,204,217,000 |
| Trading assets | 0 | 0 | 0 | 722,497,000 |
| Total deposits | 11,163,618,000 | 12,879,192,000 | 12,805,529,000 | 13,870,507,000 |
| Interest-bearing deposits | 10,843,268,000 | 12,509,947,000 | 12,497,212,000 | 13,332,763,000 |
| Noninterest-bearing deposits | 320,350,000 | 369,245,000 | 308,317,000 | 537,744,000 |
| Equity capital | 1,428,459,000 | 1,491,137,000 | 1,595,662,000 | 1,645,883,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 207,923,000 | 462,300,000 | 755,004,000 | 1,062,041,000 |
| Interest expense | 108,812,000 | 258,436,000 | 434,762,000 | 619,091,000 |
| Net interest income | 99,111,000 | 203,864,000 | 320,242,000 | 442,950,000 |
| Noninterest income | 12,591,000 | 40,795,000 | 74,983,000 | 107,890,000 |
| Noninterest expense | 33,170,000 | 75,759,000 | 117,205,000 | 168,136,000 |
| Provision for loan losses | 7,789,000 | 28,473,000 | 32,387,000 | 37,577,000 |
| Pretax income | 71,683,000 | 139,478,000 | 244,565,000 | 342,470,000 |
| Income tax | 17,955,000 | 21,081,000 | 45,794,000 | 67,430,000 |
| Net income | 53,728,000 | 118,397,000 | 198,771,000 | 275,040,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,426,815,000 | 1,488,730,000 | 1,591,057,000 | 1,639,171,000 |
| Total capital | 1,488,469,000 | 1,563,433,000 | 1,669,849,000 | 1,724,505,000 |
| Risk-weighted assets | 12,337,248,000 | 14,099,396,000 | 14,541,421,000 | 15,023,181,000 |