Call reports 2014
MER ROUGE STATE BANK, THE — 2014
What MER ROUGE STATE BANK, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 46,204,000 | 43,149,000 | 45,255,000 | 44,126,000 |
| Total loans | 17,776,000 | 21,296,000 | 21,314,000 | 20,372,000 |
| Allowance for loan losses | 161,000 | 160,000 | 161,000 | 162,000 |
| Securities available for sale | 8,508,000 | 10,141,000 | 10,033,000 | 8,916,000 |
| Securities held to maturity | 65,000 | 65,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,890,000 | 37,698,000 | 39,678,000 | 38,818,000 |
| Interest-bearing deposits | 30,674,000 | 29,319,000 | 28,921,000 | 29,626,000 |
| Noninterest-bearing deposits | 10,216,000 | 8,379,000 | 10,757,000 | 9,193,000 |
| Equity capital | 5,129,000 | 5,253,000 | 5,295,000 | 5,152,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 322,000 | 671,000 | 1,042,000 | 1,389,000 |
| Interest expense | 27,000 | 53,000 | 79,000 | 104,000 |
| Net interest income | 295,000 | 618,000 | 963,000 | 1,285,000 |
| Noninterest income | 32,000 | 51,000 | 79,000 | 113,000 |
| Noninterest expense | 298,000 | 590,000 | 880,000 | 1,154,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 29,000 | 86,000 | 170,000 | 252,000 |
| Income tax | 16,000 | -21,000 | 28,000 | 41,000 |
| Net income | 13,000 | 107,000 | 142,000 | 211,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,998,000 | 5,093,000 | 5,128,000 | 4,986,000 |
| Total capital | 5,159,000 | 5,253,000 | 5,289,000 | 5,148,000 |
| Risk-weighted assets | 24,053,000 | 25,540,000 | 26,100,000 | 25,138,000 |