Call reports 2022
MER ROUGE STATE BANK, THE — 2022
What MER ROUGE STATE BANK, THE reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 48,867,000 | 51,537,000 | 53,457,000 | 54,239,000 |
| Total loans | 15,601,000 | 18,446,000 | 19,974,000 | 16,701,000 |
| Allowance for loan losses | 109,000 | 118,000 | 132,000 | 132,000 |
| Securities available for sale | 16,320,000 | 15,826,000 | 15,144,000 | 15,217,000 |
| Securities held to maturity | 0 | 0 | 0 | 1,923,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,586,000 | 47,635,000 | 50,030,000 | 50,557,000 |
| Interest-bearing deposits | 30,335,000 | 30,323,000 | 30,764,000 | 30,986,000 |
| Noninterest-bearing deposits | 14,251,000 | 17,312,000 | 19,266,000 | 19,571,000 |
| Equity capital | 4,247,000 | 3,837,000 | 3,330,000 | 3,659,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 404,000 | 761,000 | 1,248,000 | 1,837,000 |
| Interest expense | 14,000 | 27,000 | 40,000 | 57,000 |
| Net interest income | 390,000 | 734,000 | 1,208,000 | 1,780,000 |
| Noninterest income | 32,000 | 68,000 | 100,000 | 129,000 |
| Noninterest expense | 348,000 | 700,000 | 1,081,000 | 1,466,000 |
| Provision for loan losses | 0 | 10,000 | 29,000 | 29,000 |
| Pretax income | 74,000 | 92,000 | 198,000 | 414,000 |
| Income tax | 0 | 1,000 | 5,000 | 89,000 |
| Net income | 74,000 | 91,000 | 193,000 | 325,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,188,000 | 5,205,000 | 5,306,000 | 5,317,000 |