Call reports 2005
MERRICK BANK — 2005
What MERRICK BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 594,576,000 | 648,690,000 | 723,504,000 | 754,722,000 |
| Total loans | 590,168,000 | 632,780,000 | 683,962,000 | 721,111,000 |
| Allowance for loan losses | 93,605,000 | 95,305,000 | 101,890,000 | 106,095,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,098,000 | 5,372,000 | 5,597,000 | 6,168,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 446,490,000 | 498,082,000 | 555,445,000 | 585,475,000 |
| Interest-bearing deposits | 377,329,000 | 410,716,000 | 465,203,000 | 476,307,000 |
| Noninterest-bearing deposits | 69,161,000 | 87,366,000 | 90,242,000 | 109,168,000 |
| Equity capital | 121,959,000 | 130,132,000 | 134,641,000 | 140,581,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 34,836,000 | 72,290,000 | 116,679,000 | 159,781,000 |
| Interest expense | 2,720,000 | 5,839,000 | 9,708,000 | 14,193,000 |
| Net interest income | 32,116,000 | 66,451,000 | 106,971,000 | 145,588,000 |
| Noninterest income | 9,873,000 | 21,624,000 | 34,196,000 | 46,339,000 |
| Noninterest expense | 17,305,000 | 37,330,000 | 66,519,000 | 89,130,000 |
| Provision for loan losses | -1,380,000 | 11,642,000 | 28,314,000 | 47,299,000 |
| Pretax income | 26,064,000 | 39,103,000 | 46,334,000 | 55,498,000 |
| Income tax | 9,818,000 | 14,684,000 | 17,406,000 | 20,630,000 |
| Net income | 16,246,000 | 24,419,000 | 28,928,000 | 34,868,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 122,396,000 | 130,721,000 | 135,380,000 | 140,965,000 |
| Total capital | 130,366,000 | 139,352,000 | 144,801,000 | 151,068,000 |
| Risk-weighted assets | 551,955,000 | 603,815,000 | 661,193,000 | 712,275,000 |