Call reports 2005
MERCHANTS BANK OF ALABAMA — 2005
What MERCHANTS BANK OF ALABAMA 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 | 157,705,000 | 170,481,000 | 177,551,000 | 187,470,000 |
| Total loans | 122,093,000 | 127,934,000 | 138,321,000 | 143,728,000 |
| Allowance for loan losses | 1,509,000 | 1,623,000 | 1,679,000 | 1,822,000 |
| Securities available for sale | 22,316,000 | 23,400,000 | 24,559,000 | 25,814,000 |
| Securities held to maturity | 889,000 | 863,000 | 837,000 | 811,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 133,594,000 | 146,275,000 | 152,970,000 | 162,550,000 |
| Interest-bearing deposits | 112,491,000 | 121,439,000 | 129,257,000 | 135,938,000 |
| Noninterest-bearing deposits | 21,103,000 | 24,836,000 | 23,713,000 | 26,612,000 |
| Equity capital | 11,830,000 | 12,318,000 | 12,646,000 | 12,943,000 |
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 | 2,229,000 | 4,697,000 | 7,448,000 | 10,374,000 |
| Interest expense | 708,000 | 1,548,000 | 2,507,000 | 3,577,000 |
| Net interest income | 1,521,000 | 3,149,000 | 4,941,000 | 6,797,000 |
| Noninterest income | 386,000 | 815,000 | 1,221,000 | 1,654,000 |
| Noninterest expense | 1,414,000 | 2,858,000 | 4,231,000 | 5,720,000 |
| Provision for loan losses | 90,000 | 220,000 | 360,000 | 560,000 |
| Pretax income | 403,000 | 886,000 | 1,571,000 | 2,171,000 |
| Income tax | 112,000 | 253,000 | 465,000 | 648,000 |
| Net income | 291,000 | 633,000 | 1,106,000 | 1,523,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,922,000 | 12,263,000 | 12,736,000 | 13,152,000 |
| Total capital | 13,425,000 | 13,861,000 | 14,415,000 | 14,909,000 |
| Risk-weighted assets | 120,251,000 | 127,838,000 | 135,770,000 | 140,478,000 |