Call reports 2012
MERCHANTS BANK — 2012
What MERCHANTS BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 213,163,000 | 210,976,000 | 209,175,000 | 211,889,000 |
| Total loans | 120,889,000 | 117,511,000 | 114,230,000 | 112,480,000 |
| Allowance for loan losses | 1,376,000 | 1,496,000 | 1,563,000 | 1,649,000 |
| Securities available for sale | 54,246,000 | 55,420,000 | 58,430,000 | 57,071,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 191,890,000 | 190,417,000 | 187,739,000 | 190,748,000 |
| Interest-bearing deposits | 172,281,000 | 171,764,000 | 169,546,000 | 168,969,000 |
| Noninterest-bearing deposits | 19,608,000 | 18,653,000 | 18,193,000 | 21,778,000 |
| Equity capital | 20,210,000 | 19,462,000 | 19,829,000 | 19,838,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 2,415,000 | 4,768,000 | 7,096,000 | 9,279,000 |
| Interest expense | 503,000 | 959,000 | 1,363,000 | 1,718,000 |
| Net interest income | 1,912,000 | 3,809,000 | 5,733,000 | 7,561,000 |
| Noninterest income | 453,000 | 857,000 | 1,327,000 | 1,668,000 |
| Noninterest expense | 1,766,000 | 3,560,000 | 5,221,000 | 7,086,000 |
| Provision for loan losses | 233,000 | 1,500,000 | 2,008,000 | 2,115,000 |
| Pretax income | 366,000 | -412,000 | -20,000 | 177,000 |
| Income tax | 20,000 | 7,000 | 34,000 | -17,000 |
| Net income | 346,000 | -419,000 | -54,000 | 194,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,680,000 | 18,925,000 | 19,301,000 | 19,553,000 |
| Total capital | 21,056,000 | 20,421,000 | 20,819,000 | 21,043,000 |
| Risk-weighted assets | 127,963,000 | 124,539,000 | 121,415,000 | 119,081,000 |