Call reports 2008
MERCHANTS BANK OF ALABAMA — 2008
What MERCHANTS BANK OF ALABAMA reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 253,231,000 | 247,513,000 | 255,545,000 | 246,700,000 |
| Total loans | 195,757,000 | 197,713,000 | 198,945,000 | 191,543,000 |
| Allowance for loan losses | 2,426,000 | 2,516,000 | 2,608,000 | 2,446,000 |
| Securities available for sale | 27,848,000 | 27,717,000 | 27,391,000 | 26,659,000 |
| Securities held to maturity | 78,000 | 52,000 | 26,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,897,000 | 211,187,000 | 219,062,000 | 212,425,000 |
| Interest-bearing deposits | 203,862,000 | 202,546,000 | 212,601,000 | 205,330,000 |
| Noninterest-bearing deposits | 8,035,000 | 8,641,000 | 6,461,000 | 7,095,000 |
| Equity capital | 17,670,000 | 17,701,000 | 17,764,000 | 18,438,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 4,046,000 | 7,870,000 | 11,663,000 | 15,381,000 |
| Interest expense | 1,919,000 | 3,598,000 | 5,268,000 | 6,822,000 |
| Net interest income | 2,127,000 | 4,272,000 | 6,395,000 | 8,559,000 |
| Noninterest income | 545,000 | 1,201,000 | 1,786,000 | 2,444,000 |
| Noninterest expense | 1,960,000 | 4,021,000 | 6,019,000 | 8,173,000 |
| Provision for loan losses | 190,000 | 400,000 | 1,089,000 | 1,344,000 |
| Pretax income | 522,000 | 1,052,000 | 1,073,000 | 1,486,000 |
| Income tax | 138,000 | 280,000 | 233,000 | 331,000 |
| Net income | 384,000 | 772,000 | 840,000 | 1,155,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,389,000 | 17,777,000 | 17,845,000 | 18,160,000 |
| Total capital | 19,815,000 | 20,224,000 | 20,319,000 | 20,551,000 |
| Risk-weighted assets | 195,625,000 | 195,688,000 | 197,776,000 | 191,247,000 |
Machine access — free, no API key
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