Call reports 2010
MER ROUGE STATE BANK, THE — 2010
What MER ROUGE STATE BANK, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 37,555,000 | 38,015,000 | 38,715,000 | 40,276,000 |
| Total loans | 21,045,000 | 22,290,000 | 20,329,000 | 18,787,000 |
| Allowance for loan losses | 343,000 | 341,000 | 253,000 | 253,000 |
| Securities available for sale | 7,451,000 | 6,921,000 | 6,506,000 | 6,471,000 |
| Securities held to maturity | 1,070,000 | 1,071,000 | 1,071,000 | 1,070,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,455,000 | 32,707,000 | 33,242,000 | 35,295,000 |
| Interest-bearing deposits | 25,737,000 | 26,342,000 | 26,788,000 | 27,955,000 |
| Noninterest-bearing deposits | 6,718,000 | 6,366,000 | 6,454,000 | 7,340,000 |
| Equity capital | 4,890,000 | 5,050,000 | 5,165,000 | 4,865,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 456,000 | 928,000 | 1,391,000 | 1,812,000 |
| Interest expense | 53,000 | 108,000 | 166,000 | 223,000 |
| Net interest income | 403,000 | 820,000 | 1,225,000 | 1,589,000 |
| Noninterest income | 41,000 | 68,000 | 98,000 | 129,000 |
| Noninterest expense | 289,000 | 564,000 | 855,000 | 1,190,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 155,000 | 324,000 | 468,000 | 528,000 |
| Income tax | 40,000 | 82,000 | 119,000 | 117,000 |
| Net income | 115,000 | 242,000 | 349,000 | 411,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,774,000 | 4,901,000 | 5,008,000 | 4,800,000 |
| Total capital | 5,082,000 | 5,222,000 | 5,261,000 | 5,053,000 |
| Risk-weighted assets | 24,582,000 | 25,643,000 | 24,361,000 | 23,446,000 |