Call reports 2015
MERCHANTS BANK — 2015
What MERCHANTS BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 205,275,000 | 199,577,000 | 203,368,000 | 205,007,000 |
| Total loans | 112,743,000 | 113,506,000 | 115,635,000 | 120,418,000 |
| Allowance for loan losses | 1,741,000 | 1,705,000 | 1,370,000 | 1,475,000 |
| Securities available for sale | 71,087,000 | 61,810,000 | 62,503,000 | 60,107,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,173,000 | 177,687,000 | 180,100,000 | 181,535,000 |
| Interest-bearing deposits | 156,953,000 | 153,029,000 | 154,724,000 | 153,704,000 |
| Noninterest-bearing deposits | 26,220,000 | 24,658,000 | 25,376,000 | 27,831,000 |
| Equity capital | 21,514,000 | 21,126,000 | 22,168,000 | 22,383,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,971,000 | 3,983,000 | 5,949,000 | 7,946,000 |
| Interest expense | 259,000 | 514,000 | 768,000 | 1,022,000 |
| Net interest income | 1,712,000 | 3,469,000 | 5,181,000 | 6,924,000 |
| Noninterest income | 376,000 | 689,000 | 1,130,000 | 1,515,000 |
| Noninterest expense | 1,651,000 | 3,415,000 | 5,145,000 | 7,007,000 |
| Provision for loan losses | 108,000 | 181,000 | 22,000 | 30,000 |
| Pretax income | 328,000 | 563,000 | 1,145,000 | 1,403,000 |
| Income tax | 51,000 | 61,000 | 71,000 | 69,000 |
| Net income | 277,000 | 502,000 | 1,074,000 | 1,334,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,575,000 | 21,800,000 | 21,991,000 | 22,631,000 |
| Total capital | 23,265,000 | 23,426,000 | 23,361,000 | 24,106,000 |
| Risk-weighted assets | 135,181,000 | 130,021,000 | 137,802,000 | 143,447,000 |