Call reports 2013
MERRICK BANK — 2013
What MERRICK BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 1,723,168,000 | 1,841,121,000 | 1,858,106,000 | 1,904,398,000 |
| Total loans | 1,451,109,000 | 1,557,490,000 | 1,685,163,000 | 1,789,121,000 |
| Allowance for loan losses | 167,375,000 | 170,145,000 | 190,705,000 | 196,305,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 32,263,000 | 31,311,000 | 31,822,000 | 37,820,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,283,836,000 | 1,405,020,000 | 1,399,482,000 | 1,434,247,000 |
| Interest-bearing deposits | 999,777,000 | 1,136,823,000 | 1,194,053,000 | 1,313,543,000 |
| Noninterest-bearing deposits | 284,059,000 | 268,197,000 | 205,429,000 | 120,704,000 |
| Equity capital | 397,221,000 | 410,620,000 | 425,287,000 | 442,231,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 88,671,000 | 180,301,000 | 284,354,000 | 391,872,000 |
| Interest expense | 1,866,000 | 3,699,000 | 5,639,000 | 7,678,000 |
| Net interest income | 86,805,000 | 176,602,000 | 278,715,000 | 384,194,000 |
| Noninterest income | 23,505,000 | 48,761,000 | 75,219,000 | 100,955,000 |
| Noninterest expense | 28,035,000 | 58,764,000 | 91,452,000 | 128,656,000 |
| Provision for loan losses | 22,172,000 | 55,373,000 | 102,128,000 | 142,680,000 |
| Pretax income | 60,103,000 | 111,226,000 | 160,354,000 | 213,813,000 |
| Income tax | 23,232,000 | 42,956,000 | 61,917,000 | 83,432,000 |
| Net income | 36,871,000 | 68,270,000 | 98,437,000 | 130,381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 397,221,000 | 410,620,000 | 425,287,000 | 442,231,000 |
| Total capital | 419,293,000 | 433,981,000 | 448,167,000 | 466,675,000 |
| Risk-weighted assets | 1,620,436,000 | 1,722,090,000 | 1,662,545,000 | 1,783,697,000 |