Call reports 2005
MERCHANTS BANK — 2005
What MERCHANTS BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 145,703,000 | 146,921,000 | 149,841,000 | 149,368,000 |
| Total loans | 101,214,000 | 102,154,000 | 105,868,000 | 109,790,000 |
| Allowance for loan losses | 639,000 | 594,000 | 608,000 | 619,000 |
| Securities available for sale | 25,084,000 | 26,265,000 | 23,676,000 | 22,772,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,187,000 | 129,980,000 | 132,505,000 | 131,621,000 |
| Interest-bearing deposits | 116,032,000 | 117,371,000 | 117,097,000 | 118,049,000 |
| Noninterest-bearing deposits | 13,155,000 | 12,609,000 | 15,408,000 | 13,572,000 |
| Equity capital | 15,634,000 | 16,064,000 | 16,382,000 | 15,573,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 2,053,000 | 4,233,000 | 6,507,000 | 8,890,000 |
| Interest expense | 584,000 | 1,200,000 | 1,858,000 | 2,572,000 |
| Net interest income | 1,469,000 | 3,033,000 | 4,649,000 | 6,318,000 |
| Noninterest income | 267,000 | 596,000 | 924,000 | 1,183,000 |
| Noninterest expense | 1,111,000 | 2,314,000 | 3,423,000 | 5,015,000 |
| Provision for loan losses | 36,000 | 72,000 | 108,000 | 144,000 |
| Pretax income | 589,000 | 1,243,000 | 2,048,000 | 2,350,000 |
| Income tax | 159,000 | 344,000 | 605,000 | 629,000 |
| Net income | 430,000 | 899,000 | 1,443,000 | 1,721,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,211,000 | 15,559,000 | 16,024,000 | 15,299,000 |
| Total capital | 15,850,000 | 16,153,000 | 16,632,000 | 15,918,000 |
| Risk-weighted assets | 121,323,000 | 122,286,000 | 129,092,000 | 129,805,000 |