Call reports 2018
MER ROUGE STATE BANK, THE — 2018
What MER ROUGE STATE BANK, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 40,972,000 | 38,211,000 | 38,883,000 | 39,731,000 |
| Total loans | 21,390,000 | 24,025,000 | 27,151,000 | 24,830,000 |
| Allowance for loan losses | 206,000 | 635,000 | 65,000 | 65,000 |
| Securities available for sale | 6,164,000 | 6,068,000 | 5,974,000 | 5,428,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,704,000 | 33,267,000 | 33,774,000 | 34,634,000 |
| Interest-bearing deposits | 27,154,000 | 25,269,000 | 25,694,000 | 25,754,000 |
| Noninterest-bearing deposits | 8,550,000 | 7,998,000 | 8,080,000 | 8,880,000 |
| Equity capital | 5,158,000 | 4,832,000 | 4,982,000 | 5,059,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 441,000 | 879,000 | 1,291,000 | 1,768,000 |
| Interest expense | 29,000 | 61,000 | 94,000 | 132,000 |
| Net interest income | 412,000 | 818,000 | 1,197,000 | 1,636,000 |
| Noninterest income | 30,000 | 53,000 | 86,000 | 108,000 |
| Noninterest expense | 331,000 | 628,000 | 933,000 | 1,235,000 |
| Provision for loan losses | 15,000 | 444,000 | 444,000 | 444,000 |
| Pretax income | 96,000 | -201,000 | -94,000 | 65,000 |
| Income tax | 4,000 | 25,000 | -30,000 | -52,000 |
| Net income | 92,000 | -226,000 | -64,000 | 117,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,142,000 | 4,827,000 | 4,988,000 | 5,048,000 |
| Total capital | 5,355,000 | 5,187,000 | 5,053,000 | 5,113,000 |
| Risk-weighted assets | 25,894,000 | 28,558,000 | 31,591,000 | 29,012,000 |