Call reports 2017
MERCHANTS BANK OF ALABAMA — 2017
What MERCHANTS BANK OF ALABAMA reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 278,248,000 | 279,407,000 | 274,527,000 | 269,815,000 |
| Total loans | 160,997,000 | 165,179,000 | 165,791,000 | 165,882,000 |
| Allowance for loan losses | 1,734,000 | 1,756,000 | 1,768,000 | 1,700,000 |
| Securities available for sale | 70,040,000 | 70,711,000 | 70,410,000 | 69,732,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 251,476,000 | 251,578,000 | 247,485,000 | 243,199,000 |
| Interest-bearing deposits | 241,919,000 | 241,598,000 | 238,098,000 | 233,375,000 |
| Noninterest-bearing deposits | 9,557,000 | 9,980,000 | 9,387,000 | 9,824,000 |
| Equity capital | 25,559,000 | 26,571,000 | 25,782,000 | 25,264,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,466,000 | 5,014,000 | 7,611,000 | 10,281,000 |
| Interest expense | 220,000 | 446,000 | 683,000 | 920,000 |
| Net interest income | 2,246,000 | 4,568,000 | 6,928,000 | 9,361,000 |
| Noninterest income | 584,000 | 1,182,000 | 1,873,000 | 2,649,000 |
| Noninterest expense | 2,088,000 | 4,187,000 | 6,293,000 | 8,551,000 |
| Provision for loan losses | 6,000 | 12,000 | 43,000 | 67,000 |
| Pretax income | 736,000 | 1,551,000 | 2,465,000 | 3,392,000 |
| Income tax | 223,000 | 468,000 | 751,000 | 1,588,000 |
| Net income | 513,000 | 1,083,000 | 1,714,000 | 1,804,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,207,000 | 26,778,000 | 26,009,000 | 25,947,000 |
| Total capital | 27,941,000 | 28,534,000 | 27,777,000 | 27,647,000 |
| Risk-weighted assets | 172,291,000 | 175,410,000 | 175,294,000 | 174,211,000 |