Call reports 2003
MER ROUGE STATE BANK, THE — 2003
What MER ROUGE STATE BANK, THE reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 36,702,000 | 34,979,000 | 35,963,000 | 35,626,000 |
| Total loans | 14,730,000 | 17,034,000 | 17,515,000 | 13,999,000 |
| Allowance for loan losses | 192,000 | 201,000 | 199,000 | 200,000 |
| Securities available for sale | 8,638,000 | 8,584,000 | 7,878,000 | 7,206,000 |
| Securities held to maturity | 3,522,000 | 3,391,000 | 3,389,000 | 3,191,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,016,000 | 30,187,000 | 31,066,000 | 31,097,000 |
| Interest-bearing deposits | 26,580,000 | 25,261,000 | 24,828,000 | 24,577,000 |
| Noninterest-bearing deposits | 5,436,000 | 4,926,000 | 6,238,000 | 6,520,000 |
| Equity capital | 4,432,000 | 4,548,000 | 4,644,000 | 4,381,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 445,000 | 903,000 | 1,375,000 | 1,805,000 |
| Interest expense | 129,000 | 253,000 | 361,000 | 458,000 |
| Net interest income | 316,000 | 650,000 | 1,014,000 | 1,347,000 |
| Noninterest income | 40,000 | 82,000 | 123,000 | 157,000 |
| Noninterest expense | 244,000 | 484,000 | 731,000 | 1,025,000 |
| Provision for loan losses | 0 | 0 | 0 | 12,000 |
| Pretax income | 112,000 | 248,000 | 406,000 | 467,000 |
| Income tax | 35,000 | 47,000 | 65,000 | 101,000 |
| Net income | 77,000 | 201,000 | 341,000 | 366,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,245,000 | 4,368,000 | 4,508,000 | 4,278,000 |
| Total capital | 4,437,000 | 4,569,000 | 4,707,000 | 4,478,000 |
| Risk-weighted assets | 19,779,000 | 21,301,000 | 22,037,000 | 18,942,000 |