Call reports 2006
MERCHANTS BANK — 2006
What MERCHANTS BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 153,981,000 | 158,020,000 | 158,994,000 | 163,271,000 |
| Total loans | 109,029,000 | 112,220,000 | 111,331,000 | 112,394,000 |
| Allowance for loan losses | 685,000 | 650,000 | 705,000 | 705,000 |
| Securities available for sale | 22,361,000 | 24,091,000 | 23,733,000 | 26,968,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 136,767,000 | 141,087,000 | 141,602,000 | 145,469,000 |
| Interest-bearing deposits | 122,193,000 | 127,171,000 | 126,908,000 | 131,306,000 |
| Noninterest-bearing deposits | 14,574,000 | 13,916,000 | 14,694,000 | 14,163,000 |
| Equity capital | 15,656,000 | 15,494,000 | 16,184,000 | 16,113,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,376,000 | 4,901,000 | 7,570,000 | 10,358,000 |
| Interest expense | 769,000 | 1,651,000 | 2,649,000 | 3,737,000 |
| Net interest income | 1,607,000 | 3,250,000 | 4,921,000 | 6,621,000 |
| Noninterest income | 324,000 | 662,000 | 963,000 | 1,282,000 |
| Noninterest expense | 1,140,000 | 2,437,000 | 3,565,000 | 5,539,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 746,000 | 1,405,000 | 2,204,000 | 2,213,000 |
| Income tax | 107,000 | 134,000 | 176,000 | 184,000 |
| Net income | 639,000 | 1,271,000 | 2,028,000 | 2,029,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,517,000 | 15,477,000 | 15,945,000 | 15,886,000 |
| Total capital | 16,202,000 | 16,127,000 | 16,650,000 | 16,591,000 |
| Risk-weighted assets | 130,525,000 | 133,866,000 | 132,612,000 | 134,778,000 |