Call reports 2013
MER ROUGE STATE BANK, THE — 2013
What MER ROUGE STATE BANK, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 45,259,000 | 44,304,000 | 45,746,000 | 42,810,000 |
| Total loans | 20,271,000 | 24,958,000 | 22,720,000 | 18,460,000 |
| Allowance for loan losses | 261,000 | 163,000 | 163,000 | 163,000 |
| Securities available for sale | 7,025,000 | 6,736,000 | 6,419,000 | 6,664,000 |
| Securities held to maturity | 130,000 | 130,000 | 130,000 | 130,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,844,000 | 38,895,000 | 40,176,000 | 37,580,000 |
| Interest-bearing deposits | 29,779,000 | 28,912,000 | 28,376,000 | 28,242,000 |
| Noninterest-bearing deposits | 10,065,000 | 9,983,000 | 11,800,000 | 9,338,000 |
| Equity capital | 5,190,000 | 5,225,000 | 5,308,000 | 5,106,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 350,000 | 744,000 | 1,148,000 | 1,499,000 |
| Interest expense | 31,000 | 61,000 | 90,000 | 117,000 |
| Net interest income | 319,000 | 683,000 | 1,058,000 | 1,382,000 |
| Noninterest income | 43,000 | 121,000 | 158,000 | 189,000 |
| Noninterest expense | 300,000 | 591,000 | 883,000 | 1,201,000 |
| Provision for loan losses | 0 | 50,000 | 50,000 | 50,000 |
| Pretax income | 62,000 | 163,000 | 283,000 | 320,000 |
| Income tax | 13,000 | -31,000 | 29,000 | 34,000 |
| Net income | 49,000 | 194,000 | 254,000 | 286,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,959,000 | 5,104,000 | 5,164,000 | 4,986,000 |
| Total capital | 5,220,000 | 5,267,000 | 5,327,000 | 5,149,000 |
| Risk-weighted assets | 24,623,000 | 28,237,000 | 26,592,000 | 22,759,000 |