Call reports 2019
MERCHANTS BANK — 2019
What MERCHANTS BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 |
|---|---|
| Total assets | 225,153,000 |
| Total loans | 153,702,000 |
| Allowance for loan losses | 1,688,000 |
| Securities available for sale | 40,432,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 205,275,000 |
| Interest-bearing deposits | 162,647,000 |
| Noninterest-bearing deposits | 42,628,000 |
| Equity capital | 19,032,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 |
|---|---|
| Interest income | 2,354,000 |
| Interest expense | 297,000 |
| Net interest income | 2,057,000 |
| Noninterest income | 396,000 |
| Noninterest expense | 3,469,000 |
| Provision for loan losses | 245,000 |
| Pretax income | -1,260,000 |
| Income tax | -55,000 |
| Net income | -1,205,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 |
|---|---|
| Tier 1 capital | 19,666,000 |
| Total capital | 21,354,000 |
| Risk-weighted assets | 166,467,000 |