Call reports 2007
MERCHANTS BANK AND TRUST COMPANY, THE — 2007
What MERCHANTS BANK AND TRUST COMPANY, THE reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 198,423,000 | 214,816,000 | 222,042,000 | 222,459,000 |
| Total loans | 177,159,000 | 191,673,000 | 200,635,000 | 201,369,000 |
| Allowance for loan losses | 1,528,000 | 1,625,000 | 1,702,000 | 2,367,000 |
| Securities available for sale | 14,723,000 | 14,133,000 | 14,088,000 | 13,730,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 158,017,000 | 167,921,000 | 176,196,000 | 171,080,000 |
| Interest-bearing deposits | 134,803,000 | 144,113,000 | 150,038,000 | 147,349,000 |
| Noninterest-bearing deposits | 23,214,000 | 23,808,000 | 26,158,000 | 23,731,000 |
| Equity capital | 15,921,000 | 16,061,000 | 16,438,000 | 17,268,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,190,000 | 6,651,000 | 10,234,000 | 13,909,000 |
| Interest expense | 1,535,000 | 3,279,000 | 5,192,000 | 7,110,000 |
| Net interest income | 1,655,000 | 3,372,000 | 5,042,000 | 6,799,000 |
| Noninterest income | 381,000 | 848,000 | 1,271,000 | 1,654,000 |
| Noninterest expense | 1,646,000 | 3,319,000 | 4,900,000 | 6,452,000 |
| Provision for loan losses | 73,000 | 200,000 | 318,000 | 999,000 |
| Pretax income | 317,000 | 701,000 | 1,095,000 | 1,002,000 |
| Income tax | 77,000 | 207,000 | 340,000 | 296,000 |
| Net income | 240,000 | 494,000 | 755,000 | 706,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,972,000 | 16,227,000 | 16,488,000 | 17,238,000 |
| Total capital | 17,500,000 | 17,852,000 | 18,190,000 | 19,463,000 |
| Risk-weighted assets | 157,957,000 | 170,435,000 | 177,799,000 | 177,893,000 |