Call reports 2011
MERRICK BANK — 2011
What MERRICK BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 1,078,901,000 | 1,148,261,000 | 1,219,793,000 | 1,320,230,000 |
| Total loans | 969,855,000 | 1,027,829,000 | 1,108,023,000 | 1,190,544,000 |
| Allowance for loan losses | 152,050,000 | 142,070,000 | 151,980,000 | 157,670,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 39,460,000 | 38,712,000 | 38,143,000 | 39,504,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 774,114,000 | 816,907,000 | 909,448,000 | 987,052,000 |
| Interest-bearing deposits | 655,340,000 | 699,288,000 | 793,057,000 | 831,974,000 |
| Noninterest-bearing deposits | 118,774,000 | 117,619,000 | 116,391,000 | 155,078,000 |
| Equity capital | 277,565,000 | 306,809,000 | 280,019,000 | 306,132,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 63,120,000 | 125,976,000 | 200,369,000 | 276,112,000 |
| Interest expense | 2,208,000 | 4,288,000 | 6,328,000 | 8,289,000 |
| Net interest income | 60,912,000 | 121,688,000 | 194,041,000 | 267,823,000 |
| Noninterest income | 14,752,000 | 35,844,000 | 54,000,000 | 72,901,000 |
| Noninterest expense | 19,929,000 | 40,960,000 | 63,440,000 | 85,255,000 |
| Provision for loan losses | 23,191,000 | 35,833,000 | 65,415,000 | 95,222,000 |
| Pretax income | 32,544,000 | 80,739,000 | 119,186,000 | 160,247,000 |
| Income tax | 12,833,000 | 31,784,000 | 47,021,000 | 61,969,000 |
| Net income | 19,711,000 | 48,955,000 | 72,165,000 | 98,278,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 265,132,000 | 301,440,000 | 267,913,000 | 295,825,000 |
| Total capital | 278,792,000 | 315,919,000 | 283,339,000 | 312,662,000 |
| Risk-weighted assets | 954,379,000 | 1,030,716,000 | 1,097,524,000 | 1,206,158,000 |