Call reports 2010
MERRICK BANK — 2010
What MERRICK BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 1,018,709,000 | 1,038,082,000 | 1,039,399,000 | 1,116,454,000 |
| Total loans | 988,515,000 | 936,269,000 | 944,950,000 | 1,000,877,000 |
| Allowance for loan losses | 210,680,000 | 189,475,000 | 168,285,000 | 157,450,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 47,217,000 | 46,353,000 | 43,172,000 | 40,419,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 791,560,000 | 803,052,000 | 784,458,000 | 830,757,000 |
| Interest-bearing deposits | 689,436,000 | 688,477,000 | 670,240,000 | 704,393,000 |
| Noninterest-bearing deposits | 102,124,000 | 114,575,000 | 114,218,000 | 126,364,000 |
| Equity capital | 212,961,000 | 221,791,000 | 234,556,000 | 257,854,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 57,843,000 | 107,502,000 | 161,533,000 | 222,698,000 |
| Interest expense | 3,818,000 | 7,232,000 | 10,359,000 | 12,922,000 |
| Net interest income | 54,025,000 | 100,270,000 | 151,174,000 | 209,776,000 |
| Noninterest income | 12,511,000 | 24,692,000 | 37,578,000 | 52,827,000 |
| Noninterest expense | 19,484,000 | 38,349,000 | 60,738,000 | 77,410,000 |
| Provision for loan losses | 38,495,000 | 63,645,000 | 84,369,000 | 108,271,000 |
| Pretax income | 8,557,000 | 22,968,000 | 43,645,000 | 76,922,000 |
| Income tax | 3,531,000 | 9,112,000 | 17,024,000 | 29,708,000 |
| Net income | 5,026,000 | 13,856,000 | 26,621,000 | 47,214,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 177,944,000 | 194,038,000 | 211,747,000 | 238,189,000 |
| Total capital | 191,581,000 | 207,117,000 | 224,891,000 | 252,175,000 |
| Risk-weighted assets | 893,909,000 | 869,865,000 | 896,382,000 | 975,445,000 |