Call reports 2006
MER ROUGE STATE BANK, THE — 2006
What MER ROUGE STATE BANK, THE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 34,613,000 | 33,070,000 | 34,163,000 | 34,787,000 |
| Total loans | 13,256,000 | 16,170,000 | 16,860,000 | 12,408,000 |
| Allowance for loan losses | 290,000 | 287,000 | 298,000 | 289,000 |
| Securities available for sale | 7,042,000 | 6,738,000 | 7,100,000 | 7,182,000 |
| Securities held to maturity | 3,023,000 | 2,816,000 | 2,816,000 | 2,815,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,068,000 | 28,406,000 | 29,328,000 | 30,264,000 |
| Interest-bearing deposits | 24,708,000 | 23,552,000 | 22,837,000 | 23,321,000 |
| Noninterest-bearing deposits | 5,359,000 | 4,854,000 | 6,491,000 | 6,944,000 |
| Equity capital | 4,419,000 | 4,482,000 | 4,618,000 | 4,437,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 492,000 | 1,027,000 | 1,588,000 | 2,111,000 |
| Interest expense | 142,000 | 304,000 | 484,000 | 692,000 |
| Net interest income | 350,000 | 723,000 | 1,104,000 | 1,419,000 |
| Noninterest income | 47,000 | 89,000 | 135,000 | 168,000 |
| Noninterest expense | 296,000 | 570,000 | 901,000 | 1,185,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 101,000 | 242,000 | 338,000 | 402,000 |
| Income tax | 25,000 | 80,000 | 78,000 | 89,000 |
| Net income | 76,000 | 162,000 | 260,000 | 313,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,480,000 | 4,564,000 | 4,662,000 | 4,476,000 |
| Total capital | 4,705,000 | 4,815,000 | 4,923,000 | 4,693,000 |
| Risk-weighted assets | 17,920,000 | 20,038,000 | 20,834,000 | 17,303,000 |