Call reports 2001
MERCHANTS BANK AND TRUST COMPANY, THE — 2001
What MERCHANTS BANK AND TRUST COMPANY, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 85,709,000 | 91,651,000 | 92,020,000 | 99,197,000 |
| Total loans | 59,108,000 | 68,481,000 | 72,639,000 | 81,041,000 |
| Allowance for loan losses | 991,000 | 984,000 | 1,025,000 | 1,060,000 |
| Securities available for sale | 16,179,000 | 18,201,000 | 13,873,000 | 12,685,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 72,203,000 | 75,352,000 | 78,311,000 | 84,177,000 |
| Interest-bearing deposits | 60,492,000 | 63,111,000 | 64,886,000 | 70,529,000 |
| Noninterest-bearing deposits | 11,711,000 | 12,241,000 | 13,425,000 | 13,648,000 |
| Equity capital | 9,949,000 | 10,129,000 | 10,551,000 | 10,746,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,625,000 | 3,252,000 | 4,960,000 | 6,621,000 |
| Interest expense | 727,000 | 1,432,000 | 2,117,000 | 2,737,000 |
| Net interest income | 898,000 | 1,820,000 | 2,843,000 | 3,884,000 |
| Noninterest income | 224,000 | 405,000 | 625,000 | 848,000 |
| Noninterest expense | 742,000 | 1,529,000 | 2,283,000 | 3,103,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 380,000 | 720,000 | 1,265,000 | 1,709,000 |
| Income tax | 130,000 | 244,000 | 443,000 | 605,000 |
| Net income | 250,000 | 476,000 | 822,000 | 1,104,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,785,000 | 10,024,000 | 10,356,000 | 10,638,000 |
| Total capital | 10,519,000 | 10,816,000 | 11,187,000 | 11,574,000 |
| Risk-weighted assets | 58,839,000 | 63,197,000 | 66,270,000 | 74,732,000 |