Call reports 2009
MERRICK BANK — 2009
What MERRICK BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 1,108,624,000 | 1,107,330,000 | 1,152,322,000 | 1,118,516,000 |
| Total loans | 1,110,437,000 | 1,098,512,000 | 1,150,958,000 | 1,098,602,000 |
| Allowance for loan losses | 226,265,000 | 223,915,000 | 227,330,000 | 227,520,000 |
| Securities available for sale | 17,468,000 | 17,468,000 | 17,468,000 | 0 |
| Securities held to maturity | 10,466,000 | 10,823,000 | 16,107,000 | 48,826,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 891,457,000 | 892,996,000 | 929,991,000 | 891,744,000 |
| Interest-bearing deposits | 795,098,000 | 759,768,000 | 787,428,000 | 786,635,000 |
| Noninterest-bearing deposits | 96,359,000 | 133,228,000 | 142,563,000 | 105,109,000 |
| Equity capital | 198,623,000 | 198,005,000 | 203,457,000 | 207,935,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 62,402,000 | 127,613,000 | 204,109,000 | 281,070,000 |
| Interest expense | 7,203,000 | 13,211,000 | 18,269,000 | 22,733,000 |
| Net interest income | 55,199,000 | 114,402,000 | 185,840,000 | 258,337,000 |
| Noninterest income | 13,270,000 | 30,991,000 | 44,089,000 | 57,204,000 |
| Noninterest expense | 21,607,000 | 42,487,000 | 63,358,000 | 83,547,000 |
| Provision for loan losses | 51,916,000 | 108,816,000 | 163,538,000 | 221,606,000 |
| Pretax income | -5,054,000 | -5,910,000 | 3,033,000 | 10,388,000 |
| Income tax | -1,835,000 | -2,073,000 | 1,418,000 | 4,295,000 |
| Net income | -3,219,000 | -3,837,000 | 1,615,000 | 6,093,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 198,623,000 | 198,005,000 | 203,457,000 | 207,935,000 |
| Total capital | 214,296,000 | 213,596,000 | 219,879,000 | 223,495,000 |
| Risk-weighted assets | 1,043,279,000 | 1,038,948,000 | 1,102,868,000 | 1,032,829,000 |