Call reports 2001
MERCHANTS BANK OF ALABAMA — 2001
What MERCHANTS BANK OF ALABAMA 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 | 130,914,000 | 131,057,000 | 129,983,000 | 129,758,000 |
| Total loans | 84,975,000 | 84,448,000 | 86,190,000 | 87,141,000 |
| Allowance for loan losses | 988,000 | 1,146,000 | 1,188,000 | 1,224,000 |
| Securities available for sale | 15,118,000 | 15,256,000 | 16,952,000 | 19,245,000 |
| Securities held to maturity | 8,195,000 | 9,144,000 | 9,752,000 | 9,574,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,258,000 | 120,570,000 | 119,442,000 | 119,425,000 |
| Interest-bearing deposits | 102,767,000 | 104,771,000 | 104,091,000 | 103,638,000 |
| Noninterest-bearing deposits | 17,491,000 | 15,799,000 | 15,351,000 | 15,787,000 |
| Equity capital | 9,143,000 | 9,075,000 | 9,194,000 | 9,106,000 |
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 | 2,471,000 | 4,921,000 | 7,266,000 | 9,510,000 |
| Interest expense | 1,346,000 | 2,666,000 | 3,931,000 | 5,021,000 |
| Net interest income | 1,125,000 | 2,255,000 | 3,335,000 | 4,489,000 |
| Noninterest income | 226,000 | 423,000 | 597,000 | 820,000 |
| Noninterest expense | 1,062,000 | 2,191,000 | 3,382,000 | 4,567,000 |
| Provision for loan losses | 105,000 | 315,000 | 390,000 | 590,000 |
| Pretax income | 184,000 | 176,000 | 167,000 | 163,000 |
| Income tax | 16,000 | -46,000 | -100,000 | -159,000 |
| Net income | 168,000 | 222,000 | 267,000 | 322,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,081,000 | 9,035,000 | 9,032,000 | 9,085,000 |
| Total capital | 10,069,000 | 10,167,000 | 10,170,000 | 10,231,000 |
| Risk-weighted assets | 92,394,000 | 90,532,000 | 91,016,000 | 91,604,000 |