Call reports 2009
MERCHANTS BANK AND TRUST COMPANY, THE — 2009
What MERCHANTS BANK AND TRUST COMPANY, THE reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 207,497,000 | 207,242,000 | 222,374,000 | 231,810,000 |
| Total loans | 183,770,000 | 184,754,000 | 185,519,000 | 180,652,000 |
| Allowance for loan losses | 2,343,000 | 2,575,000 | 2,174,000 | 3,037,000 |
| Securities available for sale | 11,270,000 | 9,869,000 | 14,459,000 | 24,151,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,265,000 | 180,956,000 | 196,017,000 | 204,341,000 |
| Interest-bearing deposits | 157,872,000 | 156,887,000 | 172,572,000 | 178,296,000 |
| Noninterest-bearing deposits | 23,394,000 | 24,069,000 | 23,445,000 | 26,045,000 |
| Equity capital | 18,486,000 | 18,681,000 | 18,760,000 | 19,174,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,918,000 | 5,787,000 | 8,679,000 | 11,605,000 |
| Interest expense | 1,018,000 | 1,970,000 | 2,919,000 | 3,833,000 |
| Net interest income | 1,900,000 | 3,817,000 | 5,760,000 | 7,772,000 |
| Noninterest income | 497,000 | 1,079,000 | 1,550,000 | 1,713,000 |
| Noninterest expense | 1,723,000 | 3,575,000 | 5,420,000 | 7,402,000 |
| Provision for loan losses | 134,000 | 389,000 | 1,004,000 | 2,493,000 |
| Pretax income | 540,000 | 932,000 | 886,000 | -408,000 |
| Income tax | 186,000 | 319,000 | 296,000 | -158,000 |
| Net income | 354,000 | 613,000 | 590,000 | -250,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,303,000 | 18,562,000 | 18,539,000 | 19,052,000 |
| Total capital | 20,308,000 | 20,551,000 | 20,614,000 | 21,118,000 |
| Risk-weighted assets | 160,074,000 | 158,562,000 | 165,918,000 | 164,315,000 |