Call reports 2021
MERRICK BANK — 2021
What MERRICK BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 4,508,638,000 | 4,349,513,000 | 4,357,924,000 | 4,735,936,000 |
| Total loans | 3,499,275,000 | 3,573,031,000 | 3,775,468,000 | 4,103,324,000 |
| Allowance for loan losses | 437,430,000 | 398,130,000 | 425,200,000 | 473,950,000 |
| Securities available for sale | 86,650,000 | 81,292,000 | 83,028,000 | 89,320,000 |
| Securities held to maturity | 16,292,000 | 12,930,000 | 9,679,000 | 8,487,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,266,164,000 | 3,093,751,000 | 3,036,285,000 | 3,470,234,000 |
| Interest-bearing deposits | 2,994,260,000 | 2,803,280,000 | 2,732,476,000 | 3,175,485,000 |
| Noninterest-bearing deposits | 271,904,000 | 290,471,000 | 303,809,000 | 294,749,000 |
| Equity capital | 1,164,718,000 | 1,207,203,000 | 1,250,608,000 | 1,183,055,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 196,076,000 | 382,762,000 | 601,110,000 | 836,479,000 |
| Interest expense | 10,325,000 | 21,068,000 | 29,498,000 | 37,558,000 |
| Net interest income | 185,751,000 | 361,694,000 | 571,612,000 | 798,921,000 |
| Noninterest income | 38,957,000 | 82,895,000 | 134,902,000 | 188,446,000 |
| Noninterest expense | 65,922,000 | 133,388,000 | 208,409,000 | 289,593,000 |
| Provision for loan losses | -8,818,000 | 5,065,000 | 66,357,000 | 160,485,000 |
| Pretax income | 167,604,000 | 306,136,000 | 431,748,000 | 537,289,000 |
| Income tax | 40,789,000 | 74,494,000 | 105,037,000 | 130,558,000 |
| Net income | 126,815,000 | 231,642,000 | 326,711,000 | 406,731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,165,009,000 | 1,207,232,000 | 1,250,889,000 | 1,183,535,000 |
| Total capital | 1,214,726,000 | 1,256,618,000 | 1,302,674,000 | 1,239,839,000 |
| Risk-weighted assets | 3,589,679,000 | 3,602,169,000 | 3,769,369,000 | 4,086,661,000 |