Call reports 2019
MERRICK BANK — 2019
What MERRICK BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 3,849,831,000 | 3,929,460,000 | 3,927,661,000 | 3,965,300,000 |
| Total loans | 3,519,739,000 | 3,623,270,000 | 3,744,678,000 | 3,850,710,000 |
| Allowance for loan losses | 487,795,000 | 495,355,000 | 514,215,000 | 530,380,000 |
| Securities available for sale | 0 | 11,447,000 | 52,830,000 | 87,519,000 |
| Securities held to maturity | 51,630,000 | 48,825,000 | 42,693,000 | 37,882,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,992,045,000 | 3,060,819,000 | 3,017,540,000 | 3,048,132,000 |
| Interest-bearing deposits | 2,625,141,000 | 2,728,341,000 | 2,777,944,000 | 2,856,232,000 |
| Noninterest-bearing deposits | 366,904,000 | 332,479,000 | 239,596,000 | 191,901,000 |
| Equity capital | 800,206,000 | 820,274,000 | 854,243,000 | 870,365,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 216,958,000 | 433,696,000 | 666,763,000 | 896,252,000 |
| Interest expense | 16,601,000 | 33,335,000 | 50,824,000 | 67,721,000 |
| Net interest income | 200,357,000 | 400,361,000 | 615,939,000 | 828,531,000 |
| Noninterest income | 34,893,000 | 72,147,000 | 110,771,000 | 150,879,000 |
| Noninterest expense | 61,083,000 | 122,503,000 | 186,931,000 | 253,035,000 |
| Provision for loan losses | 92,965,000 | 201,870,000 | 312,735,000 | 437,903,000 |
| Pretax income | 81,202,000 | 148,135,000 | 227,044,000 | 288,472,000 |
| Income tax | 20,782,000 | 38,059,000 | 58,360,000 | 74,945,000 |
| Net income | 60,420,000 | 110,076,000 | 168,684,000 | 213,527,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 797,329,000 | 820,239,000 | 854,224,000 | 870,400,000 |
| Total capital | 847,700,000 | 871,369,000 | 905,467,000 | 923,298,000 |
| Risk-weighted assets | 3,589,347,000 | 3,646,203,000 | 3,636,467,000 | 3,754,361,000 |