Call reports 2012
MERCHANTS BANK OF ALABAMA — 2012
What MERCHANTS BANK OF ALABAMA reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 246,965,000 | 242,674,000 | 238,458,000 | 238,886,000 |
| Total loans | 150,758,000 | 154,697,000 | 156,382,000 | 158,046,000 |
| Allowance for loan losses | 2,928,000 | 3,162,000 | 2,728,000 | 2,460,000 |
| Securities available for sale | 41,971,000 | 40,568,000 | 41,692,000 | 42,328,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 224,921,000 | 220,777,000 | 215,845,000 | 216,052,000 |
| Interest-bearing deposits | 215,681,000 | 213,329,000 | 207,138,000 | 208,216,000 |
| Noninterest-bearing deposits | 9,240,000 | 7,448,000 | 8,707,000 | 7,836,000 |
| Equity capital | 21,059,000 | 20,941,000 | 21,554,000 | 21,918,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 2,591,000 | 5,105,000 | 7,684,000 | 10,140,000 |
| Interest expense | 376,000 | 696,000 | 991,000 | 1,273,000 |
| Net interest income | 2,215,000 | 4,409,000 | 6,693,000 | 8,867,000 |
| Noninterest income | 461,000 | 335,000 | 872,000 | 1,466,000 |
| Noninterest expense | 1,980,000 | 3,932,000 | 5,976,000 | 8,005,000 |
| Provision for loan losses | 231,000 | 712,000 | 943,000 | 1,174,000 |
| Pretax income | 506,000 | 185,000 | 731,000 | 1,239,000 |
| Income tax | 131,000 | -45,000 | 95,000 | 224,000 |
| Net income | 375,000 | 230,000 | 636,000 | 1,015,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,738,000 | 20,593,000 | 21,000,000 | 21,378,000 |
| Total capital | 22,750,000 | 22,620,000 | 23,024,000 | 23,418,000 |
| Risk-weighted assets | 160,008,000 | 161,000,000 | 161,207,000 | 162,770,000 |