Call reports 2011
MERCHANTS BANK OF ALABAMA — 2011
What MERCHANTS BANK OF ALABAMA reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 255,427,000 | 260,311,000 | 255,662,000 | 243,048,000 |
| Total loans | 171,721,000 | 166,101,000 | 158,620,000 | 155,163,000 |
| Allowance for loan losses | 2,692,000 | 2,913,000 | 3,000,000 | 2,908,000 |
| Securities available for sale | 34,741,000 | 38,746,000 | 41,797,000 | 40,485,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 225,397,000 | 229,866,000 | 229,531,000 | 221,439,000 |
| Interest-bearing deposits | 217,672,000 | 221,838,000 | 220,874,000 | 213,906,000 |
| Noninterest-bearing deposits | 7,725,000 | 8,028,000 | 8,657,000 | 7,533,000 |
| Equity capital | 19,027,000 | 19,484,000 | 19,998,000 | 20,694,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,886,000 | 5,787,000 | 8,621,000 | 11,311,000 |
| Interest expense | 659,000 | 1,293,000 | 1,884,000 | 2,310,000 |
| Net interest income | 2,227,000 | 4,494,000 | 6,737,000 | 9,001,000 |
| Noninterest income | 507,000 | 685,000 | 1,222,000 | 1,303,000 |
| Noninterest expense | 2,070,000 | 4,073,000 | 6,162,000 | 8,677,000 |
| Provision for loan losses | 456,000 | 911,000 | 1,215,000 | 1,426,000 |
| Pretax income | 208,000 | 195,000 | 583,000 | 327,000 |
| Income tax | 26,000 | -30,000 | 61,000 | -88,000 |
| Net income | 182,000 | 225,000 | 522,000 | 415,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,130,000 | 19,173,000 | 19,470,000 | 20,363,000 |
| Total capital | 21,387,000 | 21,377,000 | 21,595,000 | 22,418,000 |
| Risk-weighted assets | 180,106,000 | 175,604,000 | 169,044,000 | 163,539,000 |