Call reports 2002
MERRICK BANK — 2002
What MERRICK BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 287,978,000 | 418,059,000 | 406,230,000 | 380,958,000 |
| Total loans | 299,867,000 | 303,569,000 | 461,562,000 | 458,837,000 |
| Allowance for loan losses | 66,485,000 | 62,105,000 | 109,385,000 | 125,440,000 |
| Securities available for sale | 2,650,000 | 2,554,000 | 3,036,000 | 3,359,000 |
| Securities held to maturity | 2,139,000 | 2,384,000 | 2,586,000 | 2,230,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 210,163,000 | 334,707,000 | 317,025,000 | 303,236,000 |
| Interest-bearing deposits | 202,725,000 | 328,244,000 | 306,721,000 | 291,077,000 |
| Noninterest-bearing deposits | 7,438,000 | 6,463,000 | 10,304,000 | 12,159,000 |
| Equity capital | 59,081,000 | 61,971,000 | 66,614,000 | 63,344,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 19,036,000 | 39,783,000 | 76,899,000 | 112,008,000 |
| Interest expense | 2,222,000 | 4,318,000 | 7,036,000 | 9,524,000 |
| Net interest income | 16,814,000 | 35,465,000 | 69,863,000 | 102,484,000 |
| Noninterest income | 5,759,000 | 11,712,000 | 18,853,000 | 25,788,000 |
| Noninterest expense | 12,142,000 | 22,735,000 | 37,424,000 | 50,998,000 |
| Provision for loan losses | 8,146,000 | 17,423,000 | 36,651,000 | 69,822,000 |
| Pretax income | 2,285,000 | 7,019,000 | 14,641,000 | 7,452,000 |
| Income tax | 898,000 | 2,742,000 | 5,721,000 | 1,802,000 |
| Net income | 1,387,000 | 4,277,000 | 8,920,000 | 5,650,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 61,074,000 | 63,791,000 | 68,569,000 | 65,406,000 |
| Total capital | 65,013,000 | 68,167,000 | 74,552,000 | 71,342,000 |
| Risk-weighted assets | 252,599,000 | 292,383,000 | 375,199,000 | 355,397,000 |