Call reports 2019
MERCHANTS BANK OF ALABAMA — 2019
What MERCHANTS BANK OF ALABAMA reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 293,287,000 | 296,854,000 | 303,476,000 | 295,738,000 |
| Total loans | 178,819,000 | 178,760,000 | 180,812,000 | 178,769,000 |
| Allowance for loan losses | 1,922,000 | 1,959,000 | 1,949,000 | 2,003,000 |
| Securities available for sale | 74,348,000 | 74,278,000 | 74,323,000 | 74,484,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 263,064,000 | 265,244,000 | 270,723,000 | 262,660,000 |
| Interest-bearing deposits | 253,049,000 | 250,702,000 | 259,371,000 | 251,594,000 |
| Noninterest-bearing deposits | 10,015,000 | 14,542,000 | 11,352,000 | 11,066,000 |
| Equity capital | 28,779,000 | 30,106,000 | 31,146,000 | 31,517,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 2,958,000 | 5,979,000 | 9,107,000 | 12,182,000 |
| Interest expense | 309,000 | 637,000 | 976,000 | 1,319,000 |
| Net interest income | 2,649,000 | 5,342,000 | 8,131,000 | 10,863,000 |
| Noninterest income | 752,000 | 1,514,000 | 2,260,000 | 3,024,000 |
| Noninterest expense | 2,221,000 | 4,511,000 | 6,764,000 | 9,034,000 |
| Provision for loan losses | 64,000 | 82,000 | 100,000 | 118,000 |
| Pretax income | 1,116,000 | 2,263,000 | 3,527,000 | 4,735,000 |
| Income tax | 246,000 | 485,000 | 770,000 | 1,041,000 |
| Net income | 870,000 | 1,778,000 | 2,757,000 | 3,694,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,321,000 | 29,929,000 | 30,909,000 | 31,195,000 |
| Total capital | 31,243,000 | 31,888,000 | 32,858,000 | 33,198,000 |
| Risk-weighted assets | 184,263,000 | 184,943,000 | 185,541,000 | 185,361,000 |