Call reports 2005
MERCHANTS BANK, THE — 2005
What MERCHANTS BANK, THE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 1,067,234,000 | 1,057,529,000 | 1,057,907,000 | 1,078,129,000 |
| Total loans | 584,639,000 | 594,722,000 | 592,918,000 | 605,856,000 |
| Allowance for loan losses | 7,477,000 | 7,497,000 | 7,072,000 | 7,083,000 |
| Securities available for sale | 390,658,000 | 370,999,000 | 371,365,000 | 382,797,000 |
| Securities held to maturity | 18,608,000 | 17,734,000 | 12,986,000 | 7,663,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 835,067,000 | 839,754,000 | 868,127,000 | 856,195,000 |
| Interest-bearing deposits | 719,231,000 | 727,339,000 | 741,966,000 | 731,743,000 |
| Noninterest-bearing deposits | 115,836,000 | 112,415,000 | 126,161,000 | 124,452,000 |
| Equity capital | 80,482,000 | 84,249,000 | 83,393,000 | 84,159,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 12,947,000 | 26,429,000 | 40,276,000 | 54,567,000 |
| Interest expense | 2,447,000 | 5,530,000 | 8,835,000 | 12,687,000 |
| Net interest income | 10,500,000 | 20,899,000 | 31,441,000 | 41,880,000 |
| Noninterest income | 2,304,000 | 4,736,000 | 7,297,000 | 9,681,000 |
| Noninterest expense | 8,669,000 | 17,117,000 | 25,760,000 | 34,307,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 4,196,000 | 8,602,000 | 12,997,000 | 17,222,000 |
| Income tax | 1,041,000 | 2,072,000 | 3,218,000 | 4,270,000 |
| Net income | 3,155,000 | 6,530,000 | 9,779,000 | 12,952,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 82,889,000 | 84,638,000 | 86,258,000 | 88,217,000 |
| Total capital | 90,366,000 | 92,135,000 | 93,330,000 | 95,300,000 |
| Risk-weighted assets | 691,671,000 | 685,830,000 | 682,076,000 | 682,270,000 |