Call reports 2005
MERCHANTS BANK AND TRUST COMPANY, THE — 2005
What MERCHANTS BANK AND TRUST COMPANY, THE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 148,958,000 | 151,246,000 | 156,340,000 | 165,625,000 |
| Total loans | 126,746,000 | 125,508,000 | 132,777,000 | 129,557,000 |
| Allowance for loan losses | 1,271,000 | 1,263,000 | 1,280,000 | 1,396,000 |
| Securities available for sale | 15,174,000 | 14,796,000 | 13,693,000 | 14,779,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,762,000 | 120,290,000 | 125,810,000 | 135,276,000 |
| Interest-bearing deposits | 89,105,000 | 96,067,000 | 99,605,000 | 110,111,000 |
| Noninterest-bearing deposits | 23,657,000 | 24,223,000 | 26,205,000 | 25,165,000 |
| Equity capital | 13,575,000 | 13,993,000 | 14,341,000 | 14,549,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 2,074,000 | 4,279,000 | 6,640,000 | 9,014,000 |
| Interest expense | 634,000 | 1,356,000 | 2,150,000 | 2,983,000 |
| Net interest income | 1,440,000 | 2,923,000 | 4,490,000 | 6,031,000 |
| Noninterest income | 464,000 | 859,000 | 1,233,000 | 1,663,000 |
| Noninterest expense | 1,310,000 | 2,689,000 | 4,033,000 | 5,427,000 |
| Provision for loan losses | 14,000 | 29,000 | 45,000 | 148,000 |
| Pretax income | 580,000 | 1,064,000 | 1,645,000 | 2,119,000 |
| Income tax | 211,000 | 373,000 | 578,000 | 738,000 |
| Net income | 369,000 | 691,000 | 1,067,000 | 1,381,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,637,000 | 13,958,000 | 14,335,000 | 14,648,000 |
| Total capital | 14,908,000 | 15,221,000 | 15,615,000 | 16,044,000 |
| Risk-weighted assets | 120,207,000 | 121,499,000 | 125,780,000 | 126,809,000 |