Call reports 2011
MER ROUGE STATE BANK, THE — 2011
What MER ROUGE STATE BANK, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 42,482,000 | 41,437,000 | 43,830,000 | 41,740,000 |
| Total loans | 16,876,000 | 18,522,000 | 18,098,000 | 15,834,000 |
| Allowance for loan losses | 252,000 | 252,000 | 257,000 | 256,000 |
| Securities available for sale | 7,587,000 | 7,781,000 | 8,142,000 | 7,712,000 |
| Securities held to maturity | 936,000 | 936,000 | 935,000 | 935,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,357,000 | 36,088,000 | 38,257,000 | 36,454,000 |
| Interest-bearing deposits | 30,408,000 | 29,540,000 | 29,310,000 | 27,813,000 |
| Noninterest-bearing deposits | 6,949,000 | 6,548,000 | 8,948,000 | 8,641,000 |
| Equity capital | 4,954,000 | 5,124,000 | 5,268,000 | 5,107,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 421,000 | 816,000 | 1,201,000 | 1,565,000 |
| Interest expense | 56,000 | 102,000 | 150,000 | 191,000 |
| Net interest income | 365,000 | 714,000 | 1,051,000 | 1,374,000 |
| Noninterest income | 32,000 | 60,000 | 90,000 | 118,000 |
| Noninterest expense | 290,000 | 567,000 | 846,000 | 1,144,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 107,000 | 207,000 | 295,000 | 348,000 |
| Income tax | 23,000 | 41,000 | 56,000 | 57,000 |
| Net income | 84,000 | 166,000 | 239,000 | 291,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,884,000 | 4,966,000 | 5,040,000 | 4,882,000 |
| Total capital | 5,136,000 | 5,218,000 | 5,297,000 | 5,138,000 |
| Risk-weighted assets | 22,580,000 | 22,678,000 | 22,834,000 | 20,453,000 |