Call reports 2001
MERCHANTS BANK — 2001
What MERCHANTS BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 125,866,000 | 127,804,000 | 127,567,000 | 124,574,000 |
| Total loans | 66,499,000 | 68,392,000 | 67,869,000 | 69,879,000 |
| Allowance for loan losses | 289,000 | 303,000 | 259,000 | 369,000 |
| Securities available for sale | 41,641,000 | 45,880,000 | 42,949,000 | 39,174,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,833,000 | 113,641,000 | 112,945,000 | 110,423,000 |
| Interest-bearing deposits | 104,837,000 | 106,068,000 | 105,383,000 | 102,172,000 |
| Noninterest-bearing deposits | 6,996,000 | 7,573,000 | 7,562,000 | 8,251,000 |
| Equity capital | 12,159,000 | 12,357,000 | 12,698,000 | 12,410,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 2,349,000 | 4,697,000 | 6,917,000 | 9,106,000 |
| Interest expense | 1,253,000 | 2,459,000 | 3,566,000 | 4,559,000 |
| Net interest income | 1,096,000 | 2,238,000 | 3,351,000 | 4,547,000 |
| Noninterest income | 236,000 | 492,000 | 750,000 | 1,031,000 |
| Noninterest expense | 1,088,000 | 2,074,000 | 3,092,000 | 4,170,000 |
| Provision for loan losses | 45,000 | 90,000 | 185,000 | 305,000 |
| Pretax income | 199,000 | 566,000 | 847,000 | 1,172,000 |
| Income tax | 7,000 | 58,000 | 133,000 | 287,000 |
| Net income | 192,000 | 508,000 | 714,000 | 885,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,383,000 | 11,610,000 | 11,725,000 | 11,800,000 |
| Total capital | 11,672,000 | 11,913,000 | 11,993,000 | 12,169,000 |
| Risk-weighted assets | 73,723,000 | 76,345,000 | 89,392,000 | 89,973,000 |