Call reports 2016
MERRICK BANK — 2016
What MERRICK BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 2,538,763,000 | 2,675,043,000 | 2,843,186,000 | 2,995,824,000 |
| Total loans | 2,417,358,000 | 2,582,022,000 | 2,746,084,000 | 2,897,090,000 |
| Allowance for loan losses | 251,605,000 | 284,000,000 | 317,110,000 | 352,205,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 37,674,000 | 42,982,000 | 51,201,000 | 39,395,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,902,559,000 | 2,058,172,000 | 2,193,450,000 | 2,344,448,000 |
| Interest-bearing deposits | 1,746,554,000 | 1,902,282,000 | 2,044,723,000 | 2,004,045,000 |
| Noninterest-bearing deposits | 156,005,000 | 155,890,000 | 148,727,000 | 340,403,000 |
| Equity capital | 569,963,000 | 578,829,000 | 604,381,000 | 618,129,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 148,167,000 | 300,410,000 | 469,822,000 | 644,502,000 |
| Interest expense | 4,029,000 | 8,404,000 | 13,259,000 | 18,496,000 |
| Net interest income | 144,138,000 | 292,006,000 | 456,563,000 | 626,006,000 |
| Noninterest income | 30,458,000 | 67,267,000 | 102,663,000 | 139,684,000 |
| Noninterest expense | 48,590,000 | 99,198,000 | 144,993,000 | 196,163,000 |
| Provision for loan losses | 62,653,000 | 150,487,000 | 239,163,000 | 342,955,000 |
| Pretax income | 63,353,000 | 109,588,000 | 175,070,000 | 226,572,000 |
| Income tax | 24,999,000 | 43,368,000 | 69,298,000 | 88,052,000 |
| Net income | 38,354,000 | 66,220,000 | 105,772,000 | 138,520,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 569,963,000 | 578,829,000 | 604,381,000 | 618,129,000 |
| Total capital | 603,182,000 | 614,184,000 | 641,913,000 | 658,376,000 |
| Risk-weighted assets | 2,439,140,000 | 2,579,786,000 | 2,723,002,000 | 2,907,779,000 |