Call reports 2003
MERRICK BANK — 2003
What MERRICK BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 363,933,000 | 365,186,000 | 370,287,000 | 416,040,000 |
| Total loans | 431,329,000 | 412,590,000 | 425,279,000 | 477,047,000 |
| Allowance for loan losses | 108,965,000 | 95,550,000 | 97,915,000 | 101,550,000 |
| Securities available for sale | 911,000 | 914,000 | 916,000 | 0 |
| Securities held to maturity | 2,163,000 | 2,174,000 | 2,062,000 | 2,301,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 266,367,000 | 253,968,000 | 270,426,000 | 307,078,000 |
| Interest-bearing deposits | 256,977,000 | 227,614,000 | 245,827,000 | 283,113,000 |
| Noninterest-bearing deposits | 9,390,000 | 26,354,000 | 24,599,000 | 23,965,000 |
| Equity capital | 77,697,000 | 82,760,000 | 84,663,000 | 84,651,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 29,442,000 | 54,782,000 | 83,643,000 | 109,436,000 |
| Interest expense | 2,251,000 | 4,179,000 | 6,016,000 | 7,866,000 |
| Net interest income | 27,191,000 | 50,603,000 | 77,627,000 | 101,570,000 |
| Noninterest income | 6,110,000 | 12,042,000 | 18,479,000 | 25,336,000 |
| Noninterest expense | 12,989,000 | 25,172,000 | 37,921,000 | 51,426,000 |
| Provision for loan losses | 5,314,000 | 14,357,000 | 31,739,000 | 49,490,000 |
| Pretax income | 14,998,000 | 23,116,000 | 26,446,000 | 25,990,000 |
| Income tax | 5,645,000 | 8,700,000 | 10,127,000 | 9,683,000 |
| Net income | 9,353,000 | 14,416,000 | 16,319,000 | 16,307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 79,870,000 | 84,974,000 | 86,921,000 | 86,946,000 |
| Total capital | 85,396,000 | 90,398,000 | 92,418,000 | 93,134,000 |
| Risk-weighted assets | 338,678,000 | 343,788,000 | 347,345,000 | 399,668,000 |