Call reports 2014
MERCHANTS BANK OF ALABAMA — 2014
What MERCHANTS BANK OF ALABAMA reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 250,377,000 | 248,944,000 | 249,657,000 | 249,815,000 |
| Total loans | 148,837,000 | 148,704,000 | 149,135,000 | 147,704,000 |
| Allowance for loan losses | 2,313,000 | 2,150,000 | 2,062,000 | 1,971,000 |
| Securities available for sale | 54,934,000 | 58,129,000 | 57,614,000 | 59,115,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,402,000 | 224,327,000 | 224,640,000 | 224,729,000 |
| Interest-bearing deposits | 217,700,000 | 216,302,000 | 215,591,000 | 215,709,000 |
| Noninterest-bearing deposits | 8,702,000 | 8,025,000 | 9,049,000 | 9,020,000 |
| Equity capital | 22,761,000 | 23,290,000 | 23,616,000 | 23,700,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,291,000 | 4,612,000 | 6,974,000 | 9,258,000 |
| Interest expense | 237,000 | 470,000 | 695,000 | 914,000 |
| Net interest income | 2,054,000 | 4,142,000 | 6,279,000 | 8,344,000 |
| Noninterest income | 605,000 | 1,097,000 | 1,706,000 | 2,105,000 |
| Noninterest expense | 1,977,000 | 4,070,000 | 6,234,000 | 8,357,000 |
| Provision for loan losses | 128,000 | 141,000 | 144,000 | 144,000 |
| Pretax income | 554,000 | 1,028,000 | 1,614,000 | 1,960,000 |
| Income tax | 154,000 | 262,000 | 429,000 | 507,000 |
| Net income | 400,000 | 766,000 | 1,185,000 | 1,453,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,013,000 | 23,379,000 | 23,798,000 | 23,583,000 |
| Total capital | 24,992,000 | 25,340,000 | 25,757,000 | 25,522,000 |
| Risk-weighted assets | 158,012,000 | 156,655,000 | 156,623,000 | 155,073,000 |