Call reports 2007
MERCHANTS BANK OF ALABAMA — 2007
What MERCHANTS BANK OF ALABAMA reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 216,184,000 | 222,500,000 | 227,787,000 | 240,732,000 |
| Total loans | 169,973,000 | 177,917,000 | 183,714,000 | 188,541,000 |
| Allowance for loan losses | 2,438,000 | 2,518,000 | 2,537,000 | 2,306,000 |
| Securities available for sale | 25,511,000 | 24,936,000 | 26,272,000 | 28,349,000 |
| Securities held to maturity | 182,000 | 156,000 | 130,000 | 104,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,364,000 | 182,110,000 | 186,577,000 | 198,177,000 |
| Interest-bearing deposits | 155,549,000 | 157,136,000 | 160,753,000 | 171,458,000 |
| Noninterest-bearing deposits | 25,815,000 | 24,974,000 | 25,824,000 | 26,719,000 |
| Equity capital | 17,847,000 | 18,267,000 | 19,074,000 | 16,856,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,699,000 | 7,591,000 | 11,700,000 | 15,695,000 |
| Interest expense | 1,608,000 | 3,332,000 | 5,179,000 | 7,112,000 |
| Net interest income | 2,091,000 | 4,259,000 | 6,521,000 | 8,583,000 |
| Noninterest income | 549,000 | 1,111,000 | 1,607,000 | 2,147,000 |
| Noninterest expense | 1,743,000 | 3,495,000 | 5,275,000 | 7,155,000 |
| Provision for loan losses | 135,000 | 270,000 | 405,000 | 5,612,000 |
| Pretax income | 762,000 | 1,605,000 | 2,448,000 | -1,393,000 |
| Income tax | 227,000 | 485,000 | 736,000 | -738,000 |
| Net income | 535,000 | 1,120,000 | 1,712,000 | -655,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,945,000 | 18,530,000 | 19,122,000 | 16,756,000 |
| Total capital | 20,050,000 | 20,738,000 | 21,398,000 | 19,062,000 |
| Risk-weighted assets | 168,103,000 | 176,346,000 | 181,803,000 | 188,405,000 |