Call reports 2012
MERCHANTS BANK, THE — 2012
What MERCHANTS BANK, THE 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 | 1,631,761,000 | 1,604,935,000 | 1,689,204,000 | 1,712,663,000 |
| Total loans | 1,040,974,000 | 1,025,620,000 | 1,072,855,000 | 1,082,899,000 |
| Allowance for loan losses | 11,049,000 | 11,203,000 | 11,444,000 | 11,562,000 |
| Securities available for sale | 507,654,000 | 494,822,000 | 526,257,000 | 508,681,000 |
| Securities held to maturity | 516,000 | 481,000 | 443,000 | 407,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,202,101,000 | 1,241,448,000 | 1,254,872,000 | 1,273,793,000 |
| Interest-bearing deposits | 1,006,615,000 | 1,029,509,000 | 1,026,836,000 | 1,033,183,000 |
| Noninterest-bearing deposits | 195,486,000 | 211,939,000 | 228,036,000 | 240,610,000 |
| Equity capital | 129,562,000 | 131,574,000 | 134,964,000 | 134,784,000 |
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 | 14,525,000 | 28,914,000 | 43,278,000 | 57,396,000 |
| Interest expense | 1,688,000 | 3,296,000 | 4,554,000 | 5,706,000 |
| Net interest income | 12,837,000 | 25,618,000 | 38,724,000 | 51,690,000 |
| Noninterest income | 3,110,000 | 6,742,000 | 10,825,000 | 14,247,000 |
| Noninterest expense | 10,747,000 | 22,230,000 | 33,555,000 | 44,597,000 |
| Provision for loan losses | 400,000 | 569,000 | 798,000 | 933,000 |
| Pretax income | 4,876,000 | 10,009,000 | 15,618,000 | 20,914,000 |
| Income tax | 982,000 | 2,069,000 | 3,384,000 | 4,586,000 |
| Net income | 3,894,000 | 7,940,000 | 12,234,000 | 16,328,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 125,142,000 | 127,494,000 | 129,767,000 | 131,851,000 |
| Total capital | 136,158,000 | 138,766,000 | 141,278,000 | 143,461,000 |
| Risk-weighted assets | 880,668,000 | 901,233,000 | 920,294,000 | 928,063,000 |