Call reports 2018
MERCHANTS BANK OF ALABAMA — 2018
What MERCHANTS BANK OF ALABAMA reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 288,850,000 | 294,561,000 | 293,868,000 | 284,098,000 |
| Total loans | 167,803,000 | 173,617,000 | 179,230,000 | 178,397,000 |
| Allowance for loan losses | 1,750,000 | 1,794,000 | 1,793,000 | 2,141,000 |
| Securities available for sale | 71,337,000 | 74,728,000 | 75,968,000 | 74,562,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 262,755,000 | 267,810,000 | 266,408,000 | 255,220,000 |
| Interest-bearing deposits | 253,304,000 | 202,320,000 | 255,185,000 | 244,598,000 |
| Noninterest-bearing deposits | 9,451,000 | 65,490,000 | 11,223,000 | 10,622,000 |
| Equity capital | 24,894,000 | 25,425,000 | 26,080,000 | 27,344,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 2,578,000 | 5,386,000 | 8,334,000 | 11,349,000 |
| Interest expense | 237,000 | 483,000 | 741,000 | 1,028,000 |
| Net interest income | 2,341,000 | 4,903,000 | 7,593,000 | 10,321,000 |
| Noninterest income | 690,000 | 1,321,000 | 1,988,000 | 3,136,000 |
| Noninterest expense | 2,159,000 | 4,303,000 | 6,454,000 | 8,737,000 |
| Provision for loan losses | 51,000 | 99,000 | 123,000 | 593,000 |
| Pretax income | 821,000 | 1,822,000 | 3,004,000 | 4,127,000 |
| Income tax | 169,000 | 378,000 | 634,000 | 874,000 |
| Net income | 652,000 | 1,444,000 | 2,370,000 | 3,253,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,449,000 | 27,090,000 | 28,018,000 | 28,651,000 |
| Total capital | 28,199,000 | 28,884,000 | 29,812,000 | 30,792,000 |
| Risk-weighted assets | 181,205,000 | 181,868,000 | 186,523,000 | 183,055,000 |