Call reports 2001
MERCHANTS BANK, THE — 2001
What MERCHANTS BANK, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 748,670,000 | 766,296,000 | 784,667,000 | 800,303,000 |
| Total loans | 475,319,000 | 484,831,000 | 477,972,000 | 479,220,000 |
| Allowance for loan losses | 10,140,000 | 10,006,000 | 9,878,000 | 8,815,000 |
| Securities available for sale | 106,249,000 | 114,575,000 | 108,953,000 | 140,074,000 |
| Securities held to maturity | 87,594,000 | 84,641,000 | 73,180,000 | 69,349,000 |
| Trading assets | 969,000 | 972,000 | 996,000 | 1,030,000 |
| Total deposits | 663,127,000 | 675,351,000 | 690,538,000 | 706,127,000 |
| Interest-bearing deposits | 583,400,000 | 587,919,000 | 603,281,000 | 613,981,000 |
| Noninterest-bearing deposits | 79,727,000 | 87,432,000 | 87,257,000 | 92,146,000 |
| Equity capital | 68,696,000 | 69,939,000 | 73,248,000 | 74,696,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 13,840,000 | 27,720,000 | 41,340,000 | 54,171,000 |
| Interest expense | 5,443,000 | 10,320,000 | 14,762,000 | 18,485,000 |
| Net interest income | 8,397,000 | 17,400,000 | 26,578,000 | 35,686,000 |
| Noninterest income | 2,637,000 | 5,551,000 | 8,304,000 | 10,953,000 |
| Noninterest expense | 7,626,000 | 15,743,000 | 23,098,000 | 31,027,000 |
| Provision for loan losses | -113,000 | -299,000 | -371,000 | -1,004,000 |
| Pretax income | 3,442,000 | 7,428,000 | 11,928,000 | 16,389,000 |
| Income tax | 837,000 | 1,851,000 | 3,008,000 | 4,128,000 |
| Net income | 2,605,000 | 5,577,000 | 8,920,000 | 12,261,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,222,000 | 66,971,000 | 69,143,000 | 71,316,000 |
| Total capital | 71,061,000 | 73,174,000 | 75,322,000 | 77,500,000 |
| Risk-weighted assets | 462,788,000 | 492,433,000 | 490,646,000 | 492,100,000 |