Call reports 2002
MERCHANTS BANK AND TRUST COMPANY, THE — 2002
What MERCHANTS BANK AND TRUST COMPANY, THE reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 102,954,000 | 117,427,000 | 121,833,000 | 116,454,000 |
| Total loans | 84,106,000 | 90,096,000 | 94,594,000 | 93,813,000 |
| Allowance for loan losses | 1,076,000 | 1,101,000 | 1,161,000 | 1,219,000 |
| Securities available for sale | 11,640,000 | 21,113,000 | 20,684,000 | 13,542,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 81,784,000 | 81,671,000 | 81,484,000 | 85,705,000 |
| Interest-bearing deposits | 67,994,000 | 67,778,000 | 65,914,000 | 71,181,000 |
| Noninterest-bearing deposits | 13,791,000 | 13,893,000 | 15,570,000 | 14,524,000 |
| Equity capital | 11,094,000 | 11,538,000 | 12,095,000 | 12,392,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 1,679,000 | 3,495,000 | 5,469,000 | 7,402,000 |
| Interest expense | 570,000 | 1,234,000 | 1,945,000 | 2,610,000 |
| Net interest income | 1,109,000 | 2,261,000 | 3,524,000 | 4,792,000 |
| Noninterest income | 263,000 | 512,000 | 723,000 | 989,000 |
| Noninterest expense | 812,000 | 1,643,000 | 2,552,000 | 3,576,000 |
| Provision for loan losses | 0 | 102,000 | 145,000 | 195,000 |
| Pretax income | 606,000 | 1,074,000 | 1,596,000 | 2,213,000 |
| Income tax | 226,000 | 403,000 | 591,000 | 778,000 |
| Net income | 380,000 | 671,000 | 1,005,000 | 1,435,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,019,000 | 11,310,000 | 11,604,000 | 12,078,000 |
| Total capital | 11,971,000 | 12,346,000 | 12,687,000 | 13,149,000 |
| Risk-weighted assets | 76,024,000 | 82,852,000 | 86,576,000 | 85,554,000 |