Call reports 2021
MERCHANTS BANK OF ALABAMA — 2021
What MERCHANTS BANK OF ALABAMA reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 386,288,000 | 388,790,000 | 394,708,000 | 382,952,000 |
| Total loans | 197,419,000 | 197,669,000 | 195,313,000 | 190,237,000 |
| Allowance for loan losses | 2,402,000 | 2,510,000 | 2,545,000 | 2,396,000 |
| Securities available for sale | 98,083,000 | 98,824,000 | 97,227,000 | 86,987,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 349,815,000 | 351,204,000 | 356,082,000 | 345,793,000 |
| Interest-bearing deposits | 335,835,000 | 336,279,000 | 341,752,000 | 330,733,000 |
| Noninterest-bearing deposits | 13,980,000 | 14,925,000 | 14,330,000 | 15,060,000 |
| Equity capital | 34,922,000 | 35,994,000 | 37,148,000 | 35,665,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 2,913,000 | 6,239,000 | 9,335,000 | 12,090,000 |
| Interest expense | 239,000 | 481,000 | 715,000 | 939,000 |
| Net interest income | 2,674,000 | 5,758,000 | 8,620,000 | 11,151,000 |
| Noninterest income | 708,000 | 1,455,000 | 2,214,000 | 2,947,000 |
| Noninterest expense | 2,307,000 | 4,514,000 | 6,886,000 | 10,691,000 |
| Provision for loan losses | 96,000 | 192,000 | 268,000 | 24,000 |
| Pretax income | 979,000 | 2,507,000 | 3,680,000 | 3,435,000 |
| Income tax | 208,000 | 546,000 | 789,000 | 769,000 |
| Net income | 771,000 | 1,961,000 | 2,891,000 | 2,666,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,498,000 | 35,318,000 | 36,248,000 | 35,597,000 |
| Total capital | 36,900,000 | 37,828,000 | 38,793,000 | 37,993,000 |
| Risk-weighted assets | 194,193,000 | 209,714,000 | 215,224,000 | 208,551,000 |
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