Call reports 2024
MERRICK BANK — 2024
What MERRICK BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 5,984,756,000 | 6,066,778,000 | 5,921,557,000 | 6,688,684,000 |
| Total loans | 4,850,857,000 | 5,351,729,000 | 5,426,700,000 | 5,953,685,000 |
| Allowance for loan losses | 927,910,000 | 911,320,000 | 915,790,000 | 994,810,000 |
| Securities available for sale | 187,558,000 | 204,090,000 | 256,153,000 | 277,281,000 |
| Securities held to maturity | 4,734,000 | 4,689,000 | 4,585,000 | 4,272,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,730,548,000 | 4,774,323,000 | 4,558,062,000 | 5,351,003,000 |
| Interest-bearing deposits | 4,030,528,000 | 4,074,584,000 | 4,199,674,000 | 5,051,896,000 |
| Noninterest-bearing deposits | 700,020,000 | 699,739,000 | 358,388,000 | 299,107,000 |
| Equity capital | 1,180,723,000 | 1,209,711,000 | 1,268,193,000 | 1,250,962,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 310,902,000 | 613,889,000 | 944,021,000 | 1,281,377,000 |
| Interest expense | 39,864,000 | 78,293,000 | 119,176,000 | 165,254,000 |
| Net interest income | 271,038,000 | 535,596,000 | 824,845,000 | 1,116,123,000 |
| Noninterest income | 46,758,000 | 94,649,000 | 143,564,000 | 191,827,000 |
| Noninterest expense | 96,708,000 | 193,774,000 | 290,532,000 | 388,886,000 |
| Provision for loan losses | 170,238,000 | 344,960,000 | 513,617,000 | 776,309,000 |
| Pretax income | 50,850,000 | 89,115,000 | 162,735,000 | 141,487,000 |
| Income tax | 12,546,000 | 22,003,000 | 40,116,000 | 33,796,000 |
| Net income | 38,304,000 | 67,112,000 | 122,619,000 | 107,691,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,284,459,000 | 1,313,490,000 | 1,369,308,000 | 1,354,804,000 |
| Total capital | 1,361,240,000 | 1,396,302,000 | 1,448,681,000 | 1,441,535,000 |
| Risk-weighted assets | 5,418,102,000 | 5,923,171,000 | 5,640,113,000 | 6,157,111,000 |