Call reports 2018
MERRICK BANK — 2018
What MERRICK BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 3,350,771,000 | 3,472,389,000 | 3,770,430,000 | 3,890,828,000 |
| Total loans | 3,227,783,000 | 3,310,430,000 | 3,415,466,000 | 3,601,553,000 |
| Allowance for loan losses | 466,005,000 | 467,940,000 | 479,965,000 | 504,480,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 54,907,000 | 55,531,000 | 54,945,000 | 54,101,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,626,325,000 | 2,719,349,000 | 2,974,209,000 | 3,087,390,000 |
| Interest-bearing deposits | 2,425,684,000 | 2,514,883,000 | 2,658,387,000 | 2,854,516,000 |
| Noninterest-bearing deposits | 200,641,000 | 204,466,000 | 315,822,000 | 232,874,000 |
| Equity capital | 679,445,000 | 714,657,000 | 749,682,000 | 760,409,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 195,110,000 | 393,465,000 | 603,163,000 | 827,451,000 |
| Interest expense | 9,455,000 | 20,996,000 | 34,496,000 | 50,073,000 |
| Net interest income | 185,655,000 | 372,469,000 | 568,667,000 | 777,378,000 |
| Noninterest income | 33,344,000 | 73,969,000 | 122,915,000 | 159,193,000 |
| Noninterest expense | 55,075,000 | 107,645,000 | 161,150,000 | 217,687,000 |
| Provision for loan losses | 97,922,000 | 193,292,000 | 297,580,000 | 427,634,000 |
| Pretax income | 66,002,000 | 145,501,000 | 232,852,000 | 291,250,000 |
| Income tax | 17,150,000 | 37,808,000 | 60,511,000 | 75,566,000 |
| Net income | 48,852,000 | 107,693,000 | 172,341,000 | 215,684,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 670,717,000 | 714,657,000 | 749,682,000 | 760,409,000 |
| Total capital | 715,099,000 | 760,315,000 | 798,063,000 | 809,669,000 |
| Risk-weighted assets | 3,120,178,000 | 3,230,397,000 | 3,438,914,000 | 3,485,565,000 |