Call reports 2019
MER ROUGE STATE BANK, THE — 2019
What MER ROUGE STATE BANK, THE reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 38,008,000 | 38,313,000 | 39,246,000 | 39,908,000 |
| Total loans | 24,316,000 | 25,424,000 | 26,604,000 | 20,590,000 |
| Allowance for loan losses | 97,000 | 140,000 | 174,000 | 222,000 |
| Securities available for sale | 5,150,000 | 4,866,000 | 3,179,000 | 2,620,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,714,000 | 32,933,000 | 33,772,000 | 34,700,000 |
| Interest-bearing deposits | 24,695,000 | 24,000,000 | 24,196,000 | 24,764,000 |
| Noninterest-bearing deposits | 8,019,000 | 8,933,000 | 9,576,000 | 9,936,000 |
| Equity capital | 5,177,000 | 5,240,000 | 5,296,000 | 5,117,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 509,000 | 1,002,000 | 1,497,000 | 1,944,000 |
| Interest expense | 48,000 | 111,000 | 179,000 | 249,000 |
| Net interest income | 461,000 | 891,000 | 1,318,000 | 1,695,000 |
| Noninterest income | 29,000 | 56,000 | 82,000 | 111,000 |
| Noninterest expense | 330,000 | 667,000 | 981,000 | 1,310,000 |
| Provision for loan losses | 31,000 | 76,000 | 110,000 | 153,000 |
| Pretax income | 129,000 | 204,000 | 320,000 | 354,000 |
| Income tax | 34,000 | 66,000 | 79,000 | 101,000 |
| Net income | 95,000 | 138,000 | 241,000 | 253,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,144,000 | 5,186,000 | 5,259,000 | 5,087,000 |
| Total capital | 5,241,000 | 5,326,000 | 5,433,000 | 5,309,000 |
| Risk-weighted assets | 28,755,000 | 29,564,000 | 31,781,000 | 29,367,000 |