Call reports 2002
MERCHANTS BANK OF ALABAMA — 2002
What MERCHANTS BANK OF ALABAMA reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 127,777,000 | 130,399,000 | 129,784,000 | 128,275,000 |
| Total loans | 87,398,000 | 90,531,000 | 92,797,000 | 92,886,000 |
| Allowance for loan losses | 1,373,000 | 1,387,000 | 1,438,000 | 1,490,000 |
| Securities available for sale | 20,407,000 | 20,001,000 | 24,627,000 | 22,996,000 |
| Securities held to maturity | 9,032,000 | 8,039,000 | 1,148,000 | 1,123,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 117,633,000 | 115,673,000 | 118,490,000 | 116,246,000 |
| Interest-bearing deposits | 100,963,000 | 98,192,000 | 99,154,000 | 99,512,000 |
| Noninterest-bearing deposits | 16,670,000 | 17,481,000 | 19,336,000 | 16,734,000 |
| Equity capital | 9,082,000 | 9,521,000 | 10,126,000 | 10,326,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 2,062,000 | 4,075,000 | 6,078,000 | 8,031,000 |
| Interest expense | 808,000 | 1,495,000 | 2,195,000 | 2,868,000 |
| Net interest income | 1,254,000 | 2,580,000 | 3,883,000 | 5,163,000 |
| Noninterest income | 197,000 | 411,000 | 802,000 | 1,172,000 |
| Noninterest expense | 1,226,000 | 2,465,000 | 3,675,000 | 4,899,000 |
| Provision for loan losses | 210,000 | 325,000 | 430,000 | 515,000 |
| Pretax income | 19,000 | 211,000 | 607,000 | 949,000 |
| Income tax | -39,000 | -9,000 | 96,000 | 182,000 |
| Net income | 58,000 | 220,000 | 511,000 | 767,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,143,000 | 9,306,000 | 9,595,000 | 9,852,000 |
| Total capital | 10,287,000 | 10,482,000 | 10,778,000 | 11,038,000 |
| Risk-weighted assets | 91,687,000 | 93,898,000 | 94,378,000 | 94,581,000 |