Call reports 2015
MERCHANTS BANK OF ALABAMA — 2015
What MERCHANTS BANK OF ALABAMA reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 255,477,000 | 259,498,000 | 260,047,000 | 255,749,000 |
| Total loans | 148,532,000 | 153,764,000 | 155,536,000 | 155,674,000 |
| Allowance for loan losses | 2,098,000 | 2,109,000 | 1,853,000 | 1,854,000 |
| Securities available for sale | 59,809,000 | 64,050,000 | 62,805,000 | 64,033,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 229,733,000 | 233,741,000 | 233,702,000 | 229,767,000 |
| Interest-bearing deposits | 220,460,000 | 226,264,000 | 222,595,000 | 221,348,000 |
| Noninterest-bearing deposits | 9,273,000 | 7,477,000 | 11,107,000 | 8,419,000 |
| Equity capital | 24,237,000 | 24,299,000 | 24,901,000 | 24,500,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,233,000 | 4,544,000 | 6,929,000 | 9,307,000 |
| Interest expense | 212,000 | 425,000 | 632,000 | 845,000 |
| Net interest income | 2,021,000 | 4,119,000 | 6,297,000 | 8,462,000 |
| Noninterest income | 543,000 | 1,142,000 | 1,663,000 | 1,045,000 |
| Noninterest expense | 1,960,000 | 3,984,000 | 6,066,000 | 8,119,000 |
| Provision for loan losses | 2,000 | 8,000 | 16,000 | 25,000 |
| Pretax income | 602,000 | 1,269,000 | 1,888,000 | 1,373,000 |
| Income tax | 174,000 | 369,000 | 543,000 | 295,000 |
| Net income | 428,000 | 900,000 | 1,345,000 | 1,078,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,010,000 | 24,344,000 | 24,789,000 | 24,522,000 |
| Total capital | 26,016,000 | 26,372,000 | 26,642,000 | 26,376,000 |
| Risk-weighted assets | 160,411,000 | 162,163,000 | 168,632,000 | 166,680,000 |