Call reports 2006
MERCHANTS BANK AND TRUST COMPANY, THE — 2006
What MERCHANTS BANK AND TRUST COMPANY, THE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 168,101,000 | 170,076,000 | 182,309,000 | 188,989,000 |
| Total loans | 125,544,000 | 132,972,000 | 151,381,000 | 164,341,000 |
| Allowance for loan losses | 1,306,000 | 1,364,000 | 1,425,000 | 1,434,000 |
| Securities available for sale | 16,206,000 | 15,721,000 | 15,429,000 | 16,075,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,726,000 | 139,960,000 | 151,464,000 | 149,032,000 |
| Interest-bearing deposits | 113,683,000 | 116,795,000 | 127,959,000 | 123,442,000 |
| Noninterest-bearing deposits | 24,043,000 | 23,165,000 | 23,505,000 | 25,590,000 |
| Equity capital | 14,779,000 | 14,980,000 | 15,424,000 | 15,668,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,489,000 | 5,166,000 | 7,986,000 | 11,003,000 |
| Interest expense | 937,000 | 2,034,000 | 3,246,000 | 4,647,000 |
| Net interest income | 1,552,000 | 3,132,000 | 4,740,000 | 6,356,000 |
| Noninterest income | 349,000 | 732,000 | 1,124,000 | 1,509,000 |
| Noninterest expense | 1,486,000 | 2,941,000 | 4,460,000 | 6,105,000 |
| Provision for loan losses | 11,000 | 40,000 | 80,000 | 120,000 |
| Pretax income | 404,000 | 883,000 | 1,324,000 | 1,640,000 |
| Income tax | 137,000 | 304,000 | 449,000 | 556,000 |
| Net income | 267,000 | 579,000 | 875,000 | 1,084,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,915,000 | 15,228,000 | 15,524,000 | 15,732,000 |
| Total capital | 16,221,000 | 16,592,000 | 16,949,000 | 17,166,000 |
| Risk-weighted assets | 121,523,000 | 126,193,000 | 139,373,000 | 147,862,000 |