Call reports 2009
MERCHANTS BANK — 2009
What MERCHANTS BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 194,716,000 | 192,813,000 | 192,738,000 | 195,744,000 |
| Total loans | 145,364,000 | 142,829,000 | 141,597,000 | 139,228,000 |
| Allowance for loan losses | 864,000 | 765,000 | 883,000 | 998,000 |
| Securities available for sale | 23,629,000 | 21,193,000 | 24,286,000 | 22,350,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,212,000 | 173,356,000 | 172,876,000 | 175,630,000 |
| Interest-bearing deposits | 160,879,000 | 158,275,000 | 159,250,000 | 160,353,000 |
| Noninterest-bearing deposits | 14,333,000 | 15,081,000 | 13,625,000 | 15,277,000 |
| Equity capital | 17,391,000 | 17,335,000 | 17,667,000 | 18,181,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,683,000 | 5,314,000 | 7,944,000 | 10,541,000 |
| Interest expense | 1,079,000 | 2,062,000 | 2,966,000 | 3,767,000 |
| Net interest income | 1,604,000 | 3,252,000 | 4,978,000 | 6,774,000 |
| Noninterest income | 365,000 | 796,000 | 1,209,000 | 1,866,000 |
| Noninterest expense | 1,623,000 | 3,272,000 | 5,037,000 | 6,588,000 |
| Provision for loan losses | 105,000 | 210,000 | 340,000 | 490,000 |
| Pretax income | 247,000 | 438,000 | 766,000 | 1,496,000 |
| Income tax | 9,000 | -3,000 | 6,000 | 61,000 |
| Net income | 238,000 | 441,000 | 760,000 | 1,435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,747,000 | 16,840,000 | 17,083,000 | 17,669,000 |
| Total capital | 17,621,000 | 17,610,000 | 17,966,000 | 18,667,000 |
| Risk-weighted assets | 169,245,000 | 166,961,000 | 164,810,000 | 163,382,000 |