Call reports 2022
MERRICK BANK — 2022
What MERRICK BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 4,600,811,000 | 4,822,568,000 | 4,907,887,000 | 5,904,023,000 |
| Total loans | 4,199,730,000 | 4,440,594,000 | 4,649,340,000 | 4,751,923,000 |
| Allowance for loan losses | 520,550,000 | 609,240,000 | 715,720,000 | 752,210,000 |
| Securities available for sale | 86,041,000 | 103,614,000 | 118,838,000 | 145,619,000 |
| Securities held to maturity | 7,499,000 | 7,009,000 | 6,596,000 | 6,151,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,294,800,000 | 3,558,870,000 | 3,637,896,000 | 4,584,061,000 |
| Interest-bearing deposits | 2,960,036,000 | 3,214,150,000 | 3,290,085,000 | 4,173,119,000 |
| Noninterest-bearing deposits | 334,765,000 | 344,720,000 | 347,811,000 | 410,942,000 |
| Equity capital | 1,208,642,000 | 1,203,160,000 | 1,210,811,000 | 1,242,412,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 243,586,000 | 499,762,000 | 795,755,000 | 1,105,625,000 |
| Interest expense | 7,584,000 | 15,607,000 | 26,605,000 | 43,830,000 |
| Net interest income | 236,002,000 | 484,155,000 | 769,150,000 | 1,061,795,000 |
| Noninterest income | 53,999,000 | 110,585,000 | 165,995,000 | 219,089,000 |
| Noninterest expense | 87,493,000 | 176,714,000 | 272,515,000 | 376,246,000 |
| Provision for loan losses | 115,453,000 | 295,237,000 | 508,986,000 | 697,486,000 |
| Pretax income | 87,055,000 | 122,789,000 | 153,644,000 | 207,152,000 |
| Income tax | 20,681,000 | 29,301,000 | 36,982,000 | 49,429,000 |
| Net income | 66,374,000 | 93,488,000 | 116,662,000 | 157,723,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,211,605,000 | 1,208,465,000 | 1,219,227,000 | 1,250,612,000 |
| Total capital | 1,271,781,000 | 1,271,614,000 | 1,286,162,000 | 1,319,949,000 |
| Risk-weighted assets | 4,353,709,000 | 4,505,834,000 | 4,706,036,000 | 4,864,062,000 |