Call reports 2007
MERRICK BANK — 2007
What MERRICK BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 987,173,000 | 1,118,990,000 | 1,233,259,000 | 1,215,496,000 |
| Total loans | 930,890,000 | 993,793,000 | 1,076,534,000 | 1,152,320,000 |
| Allowance for loan losses | 145,340,000 | 156,265,000 | 179,800,000 | 205,045,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,423,000 | 8,199,000 | 8,095,000 | 8,325,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 754,168,000 | 879,961,000 | 990,088,000 | 969,406,000 |
| Interest-bearing deposits | 608,416,000 | 706,111,000 | 754,324,000 | 789,613,000 |
| Noninterest-bearing deposits | 145,752,000 | 173,850,000 | 235,764,000 | 179,793,000 |
| Equity capital | 197,595,000 | 209,526,000 | 212,849,000 | 215,608,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 57,877,000 | 115,576,000 | 183,786,000 | 260,228,000 |
| Interest expense | 7,775,000 | 15,799,000 | 25,113,000 | 35,175,000 |
| Net interest income | 50,102,000 | 99,777,000 | 158,673,000 | 225,053,000 |
| Noninterest income | 13,978,000 | 40,626,000 | 57,562,000 | 74,118,000 |
| Noninterest expense | 23,861,000 | 49,088,000 | 74,548,000 | 94,219,000 |
| Provision for loan losses | 16,745,000 | 48,718,000 | 93,510,000 | 149,145,000 |
| Pretax income | 23,474,000 | 42,597,000 | 48,177,000 | 55,807,000 |
| Income tax | 8,828,000 | 16,020,000 | 18,277,000 | 21,781,000 |
| Net income | 14,646,000 | 26,577,000 | 29,900,000 | 34,026,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 197,556,000 | 209,500,000 | 212,836,000 | 215,608,000 |
| Total capital | 211,009,000 | 224,224,000 | 229,462,000 | 231,815,000 |
| Risk-weighted assets | 944,365,000 | 1,036,340,000 | 1,166,944,000 | 1,107,688,000 |