Call reports 2023
MERRICK BANK — 2023
What MERRICK BANK reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 5,822,641,000 | 5,521,254,000 | 5,578,808,000 | 6,218,750,000 |
| Total loans | 4,659,430,000 | 4,766,368,000 | 4,908,977,000 | 4,993,743,000 |
| Allowance for loan losses | 971,390,000 | 923,630,000 | 937,300,000 | 963,060,000 |
| Securities available for sale | 157,989,000 | 163,176,000 | 162,045,000 | 181,633,000 |
| Securities held to maturity | 6,044,000 | 5,991,000 | 5,324,000 | 5,095,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,663,418,000 | 4,309,671,000 | 4,322,891,000 | 4,982,422,000 |
| Interest-bearing deposits | 4,311,309,000 | 4,005,606,000 | 3,912,323,000 | 4,317,716,000 |
| Noninterest-bearing deposits | 352,109,000 | 304,065,000 | 410,568,000 | 664,706,000 |
| Equity capital | 1,094,388,000 | 1,141,125,000 | 1,167,557,000 | 1,149,976,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 308,323,000 | 616,209,000 | 951,937,000 | 1,279,224,000 |
| Interest expense | 26,694,000 | 56,790,000 | 89,592,000 | 127,787,000 |
| Net interest income | 281,629,000 | 559,419,000 | 862,345,000 | 1,151,437,000 |
| Noninterest income | 48,083,000 | 100,002,000 | 151,798,000 | 201,519,000 |
| Noninterest expense | 97,138,000 | 191,390,000 | 288,591,000 | 392,207,000 |
| Provision for loan losses | 148,922,000 | 279,711,000 | 448,127,000 | 666,656,000 |
| Pretax income | 83,652,000 | 188,320,000 | 277,425,000 | 294,093,000 |
| Income tax | 20,635,000 | 46,444,000 | 68,122,000 | 72,674,000 |
| Net income | 63,017,000 | 141,876,000 | 209,303,000 | 221,419,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,245,238,000 | 1,292,811,000 | 1,321,442,000 | 1,300,728,000 |
| Total capital | 1,314,511,000 | 1,362,378,000 | 1,394,275,000 | 1,377,814,000 |
| Risk-weighted assets | 4,829,836,000 | 4,901,349,000 | 5,152,253,000 | 5,470,964,000 |