Call reports 2002
MER ROUGE STATE BANK, THE — 2002
What MER ROUGE STATE BANK, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 33,699,000 | 33,203,000 | 33,344,000 | 35,677,000 |
| Total loans | 12,733,000 | 15,599,000 | 16,801,000 | 15,307,000 |
| Allowance for loan losses | 219,000 | 225,000 | 178,000 | 178,000 |
| Securities available for sale | 9,458,000 | 9,524,000 | 9,468,000 | 8,316,000 |
| Securities held to maturity | 3,500,000 | 3,960,000 | 3,958,000 | 3,958,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,625,000 | 28,689,000 | 28,510,000 | 31,085,000 |
| Interest-bearing deposits | 24,861,000 | 24,117,000 | 23,354,000 | 24,333,000 |
| Noninterest-bearing deposits | 4,764,000 | 4,572,000 | 5,156,000 | 6,752,000 |
| Equity capital | 3,954,000 | 4,276,000 | 4,475,000 | 4,369,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 464,000 | 939,000 | 1,435,000 | 1,918,000 |
| Interest expense | 166,000 | 309,000 | 446,000 | 572,000 |
| Net interest income | 298,000 | 630,000 | 989,000 | 1,346,000 |
| Noninterest income | 46,000 | 100,000 | 141,000 | 184,000 |
| Noninterest expense | 226,000 | 454,000 | 699,000 | 986,000 |
| Provision for loan losses | 0 | 0 | 25,000 | 58,000 |
| Pretax income | 118,000 | 276,000 | 406,000 | 486,000 |
| Income tax | 29,000 | 76,000 | 115,000 | 100,000 |
| Net income | 89,000 | 200,000 | 291,000 | 386,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,080,000 | 4,191,000 | 4,281,000 | 4,167,000 |
| Total capital | 4,296,000 | 4,416,000 | 4,459,000 | 4,345,000 |
| Risk-weighted assets | 17,275,000 | 19,723,000 | 20,856,000 | 20,069,000 |