Call reports 2020
MER ROUGE STATE BANK, THE — 2020
What MER ROUGE STATE BANK, THE reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 40,301,000 | 43,637,000 | 44,841,000 | 51,681,000 |
| Total loans | 20,812,000 | 24,369,000 | 26,455,000 | 20,607,000 |
| Allowance for loan losses | 119,000 | 120,000 | 135,000 | 136,000 |
| Securities available for sale | 1,949,000 | 1,967,000 | 4,963,000 | 4,896,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,084,000 | 38,352,000 | 39,564,000 | 46,567,000 |
| Interest-bearing deposits | 24,871,000 | 25,941,000 | 28,237,000 | 30,612,000 |
| Noninterest-bearing deposits | 10,213,000 | 12,411,000 | 11,327,000 | 15,955,000 |
| Equity capital | 5,072,000 | 5,139,000 | 5,110,000 | 5,103,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 424,000 | 827,000 | 1,206,000 | 1,543,000 |
| Interest expense | 64,000 | 119,000 | 162,000 | 198,000 |
| Net interest income | 360,000 | 708,000 | 1,044,000 | 1,345,000 |
| Noninterest income | -170,000 | -143,000 | -145,000 | -192,000 |
| Noninterest expense | 336,000 | 680,000 | 1,036,000 | 1,361,000 |
| Provision for loan losses | -109,000 | -109,000 | -96,000 | -96,000 |
| Pretax income | -37,000 | -6,000 | -41,000 | -112,000 |
| Income tax | 17,000 | 8,000 | -13,000 | -68,000 |
| Net income | -54,000 | -14,000 | -28,000 | -44,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,033,000 | 5,073,000 | 5,058,000 | 5,044,000 |
| Total capital | 5,152,000 | — | — | — |
| Risk-weighted assets | 27,777,000 | — | — | — |