Call reports 2009
MERCHANTS BANK OF ALABAMA — 2009
What MERCHANTS BANK OF ALABAMA reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 257,166,000 | 253,450,000 | 250,848,000 | 244,492,000 |
| Total loans | 190,348,000 | 192,923,000 | 194,331,000 | 190,050,000 |
| Allowance for loan losses | 1,593,000 | 1,809,000 | 2,199,000 | 2,114,000 |
| Securities available for sale | 27,685,000 | 29,910,000 | 29,551,000 | 27,704,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 222,832,000 | 219,754,000 | 216,600,000 | 210,358,000 |
| Interest-bearing deposits | 213,434,000 | 211,570,000 | 209,115,000 | 201,312,000 |
| Noninterest-bearing deposits | 9,398,000 | 8,184,000 | 7,485,000 | 9,046,000 |
| Equity capital | 18,307,000 | 18,047,000 | 18,393,000 | 18,414,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,376,000 | 6,813,000 | 10,152,000 | 13,509,000 |
| Interest expense | 1,418,000 | 2,821,000 | 4,117,000 | 5,253,000 |
| Net interest income | 1,958,000 | 3,992,000 | 6,035,000 | 8,256,000 |
| Noninterest income | 586,000 | 1,181,000 | 1,715,000 | 2,341,000 |
| Noninterest expense | 2,125,000 | 4,228,000 | 6,273,000 | 8,284,000 |
| Provision for loan losses | 580,000 | 885,000 | 1,285,000 | 1,910,000 |
| Pretax income | -161,000 | -355,000 | -223,000 | 98,000 |
| Income tax | -111,000 | -232,000 | -103,000 | -35,000 |
| Net income | -50,000 | -123,000 | -120,000 | 133,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,109,000 | 18,037,000 | 18,040,000 | 18,293,000 |
| Total capital | 19,702,000 | 19,846,000 | 20,239,000 | 20,407,000 |
| Risk-weighted assets | 191,687,000 | 193,874,000 | 192,825,000 | 190,237,000 |