Call reports 2017
MERRICK BANK — 2017
What MERRICK BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 2,980,106,000 | 3,143,440,000 | 3,283,538,000 | 3,503,480,000 |
| Total loans | 2,902,418,000 | 3,059,222,000 | 3,195,067,000 | 3,302,666,000 |
| Allowance for loan losses | 376,435,000 | 407,570,000 | 445,310,000 | 471,485,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 36,865,000 | 38,755,000 | 40,690,000 | 44,354,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,304,312,000 | 2,466,102,000 | 2,576,785,000 | 2,833,676,000 |
| Interest-bearing deposits | 1,953,027,000 | 2,088,040,000 | 2,181,715,000 | 2,256,035,000 |
| Noninterest-bearing deposits | 351,285,000 | 378,062,000 | 395,070,000 | 577,641,000 |
| Equity capital | 620,905,000 | 636,339,000 | 655,978,000 | 630,214,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 169,939,000 | 350,702,000 | 551,172,000 | 750,744,000 |
| Interest expense | 5,399,000 | 11,632,000 | 19,026,000 | 27,342,000 |
| Net interest income | 164,540,000 | 339,070,000 | 532,146,000 | 723,402,000 |
| Noninterest income | 32,101,000 | 66,039,000 | 101,080,000 | 135,898,000 |
| Noninterest expense | 57,606,000 | 111,132,000 | 171,880,000 | 225,851,000 |
| Provision for loan losses | 106,308,000 | 219,158,000 | 335,071,000 | 456,692,000 |
| Pretax income | 32,727,000 | 74,819,000 | 126,275,000 | 176,757,000 |
| Income tax | 12,951,000 | 29,609,000 | 49,826,000 | 110,338,000 |
| Net income | 19,776,000 | 45,210,000 | 76,449,000 | 66,419,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 620,905,000 | 636,339,000 | 655,978,000 | 630,214,000 |
| Total capital | 661,346,000 | 679,009,000 | 700,712,000 | 678,006,000 |
| Risk-weighted assets | 2,899,311,000 | 3,048,702,000 | 3,178,123,000 | 3,399,700,000 |