Call reports 2004
MERCHANTS BANK OF ALABAMA — 2004
What MERCHANTS BANK OF ALABAMA reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 131,480,000 | 135,559,000 | 143,553,000 | 149,245,000 |
| Total loans | 94,305,000 | 99,251,000 | 108,587,000 | 115,720,000 |
| Allowance for loan losses | 1,315,000 | 1,362,000 | 1,421,000 | 1,492,000 |
| Securities available for sale | 26,590,000 | 25,450,000 | 23,097,000 | 22,581,000 |
| Securities held to maturity | 993,000 | 968,000 | 941,000 | 915,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 119,431,000 | 117,981,000 | 122,803,000 | 127,424,000 |
| Interest-bearing deposits | 99,744,000 | 98,110,000 | 102,623,000 | 104,942,000 |
| Noninterest-bearing deposits | 19,687,000 | 19,871,000 | 20,180,000 | 22,482,000 |
| Equity capital | 11,164,000 | 11,021,000 | 11,531,000 | 11,719,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 1,706,000 | 3,467,000 | 5,387,000 | 7,485,000 |
| Interest expense | 486,000 | 961,000 | 1,498,000 | 2,114,000 |
| Net interest income | 1,220,000 | 2,506,000 | 3,889,000 | 5,371,000 |
| Noninterest income | 380,000 | 764,000 | 1,180,000 | 1,568,000 |
| Noninterest expense | 1,214,000 | 2,436,000 | 3,783,000 | 5,122,000 |
| Provision for loan losses | 47,000 | 92,000 | 170,000 | 278,000 |
| Pretax income | 339,000 | 742,000 | 1,116,000 | 1,539,000 |
| Income tax | 91,000 | 204,000 | 306,000 | 423,000 |
| Net income | 248,000 | 538,000 | 810,000 | 1,116,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,787,000 | 11,077,000 | 11,324,000 | 11,630,000 |
| Total capital | 11,983,000 | 12,329,000 | 12,661,000 | 13,047,000 |
| Risk-weighted assets | 95,574,000 | 100,039,000 | 106,902,000 | 113,320,000 |