Call reports 2016
MER ROUGE STATE BANK, THE — 2016
What MER ROUGE STATE BANK, THE reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 43,742,000 | 44,365,000 | 43,691,000 | 41,316,000 |
| Total loans | 20,776,000 | 21,895,000 | 23,671,000 | 20,528,000 |
| Allowance for loan losses | 152,000 | 153,000 | 159,000 | 161,000 |
| Securities available for sale | 6,977,000 | 7,384,000 | 7,445,000 | 5,884,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 38,380,000 | 38,893,000 | 38,188,000 | 36,116,000 |
| Interest-bearing deposits | 30,783,000 | 30,020,000 | 29,601,000 | 27,041,000 |
| Noninterest-bearing deposits | 7,597,000 | 8,873,000 | 8,587,000 | 9,075,000 |
| Equity capital | 5,200,000 | 5,261,000 | 5,273,000 | 5,098,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 370,000 | 722,000 | 1,084,000 | 1,453,000 |
| Interest expense | 24,000 | 48,000 | 71,000 | 93,000 |
| Net interest income | 346,000 | 674,000 | 1,013,000 | 1,360,000 |
| Noninterest income | 30,000 | 59,000 | 88,000 | 115,000 |
| Noninterest expense | 313,000 | 627,000 | 956,000 | 1,243,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 63,000 | 106,000 | 145,000 | 232,000 |
| Income tax | 10,000 | 14,000 | 16,000 | 34,000 |
| Net income | 53,000 | 92,000 | 129,000 | 198,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,049,000 | 5,091,000 | 5,129,000 | 5,016,000 |
| Total capital | 5,201,000 | 5,244,000 | 5,288,000 | 5,177,000 |
| Risk-weighted assets | 27,767,000 | 29,222,000 | 29,930,000 | 27,568,000 |