Call reports 2014
MERRICK BANK — 2014
What MERRICK BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 2,075,488,000 | 2,081,303,000 | 2,083,386,000 | 2,223,650,000 |
| Total loans | 1,773,526,000 | 1,858,468,000 | 1,959,238,000 | 2,066,048,000 |
| Allowance for loan losses | 189,460,000 | 189,355,000 | 194,225,000 | 203,785,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 38,782,000 | 41,408,000 | 42,177,000 | 43,198,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,565,006,000 | 1,575,061,000 | 1,542,872,000 | 1,723,415,000 |
| Interest-bearing deposits | 1,359,541,000 | 1,345,927,000 | 1,415,847,000 | 1,595,555,000 |
| Noninterest-bearing deposits | 205,465,000 | 229,134,000 | 127,025,000 | 127,860,000 |
| Equity capital | 463,967,000 | 477,967,000 | 503,736,000 | 469,111,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 106,134,000 | 215,651,000 | 334,953,000 | 457,535,000 |
| Interest expense | 2,234,000 | 4,700,000 | 7,360,000 | 10,224,000 |
| Net interest income | 103,900,000 | 210,951,000 | 327,593,000 | 447,311,000 |
| Noninterest income | 24,327,000 | 49,855,000 | 75,960,000 | 105,889,000 |
| Noninterest expense | 35,012,000 | 79,346,000 | 114,420,000 | 152,840,000 |
| Provision for loan losses | 30,992,000 | 66,422,000 | 104,557,000 | 155,380,000 |
| Pretax income | 62,223,000 | 115,038,000 | 184,576,000 | 244,980,000 |
| Income tax | 24,487,000 | 45,302,000 | 73,071,000 | 97,100,000 |
| Net income | 37,736,000 | 69,736,000 | 111,505,000 | 147,880,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 463,967,000 | 477,967,000 | 503,736,000 | 469,111,000 |
| Total capital | 488,199,000 | 503,386,000 | 530,484,000 | 497,362,000 |
| Risk-weighted assets | 1,773,358,000 | 1,869,615,000 | 1,972,389,000 | 2,084,585,000 |