Call reports 2010
MERCHANTS BANK AND TRUST COMPANY, THE — 2010
What MERCHANTS BANK AND TRUST COMPANY, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 227,936,000 | 225,150,000 | 219,800,000 | 215,525,000 |
| Total loans | 179,478,000 | 178,696,000 | 175,826,000 | 178,714,000 |
| Allowance for loan losses | 2,796,000 | 2,215,000 | 2,327,000 | 2,398,000 |
| Securities available for sale | 17,810,000 | 20,287,000 | 20,634,000 | 19,758,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 200,337,000 | 195,665,000 | 187,210,000 | 185,675,000 |
| Interest-bearing deposits | 176,427,000 | 167,698,000 | 159,581,000 | 154,616,000 |
| Noninterest-bearing deposits | 23,910,000 | 27,967,000 | 27,629,000 | 31,058,000 |
| Equity capital | 19,633,000 | 19,904,000 | 20,357,000 | 20,353,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,847,000 | 5,696,000 | 8,435,000 | 11,099,000 |
| Interest expense | 757,000 | 1,446,000 | 2,062,000 | 2,572,000 |
| Net interest income | 2,090,000 | 4,250,000 | 6,373,000 | 8,527,000 |
| Noninterest income | 289,000 | 343,000 | 964,000 | 1,285,000 |
| Noninterest expense | 1,784,000 | 3,662,000 | 5,529,000 | 7,381,000 |
| Provision for loan losses | 0 | 194,000 | 365,000 | 568,000 |
| Pretax income | 595,000 | 771,000 | 1,481,000 | 1,900,000 |
| Income tax | 210,000 | 267,000 | 517,000 | 637,000 |
| Net income | 385,000 | 504,000 | 964,000 | 1,263,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,437,000 | 19,556,000 | 20,016,000 | 20,316,000 |
| Total capital | 21,503,000 | 21,611,000 | 21,993,000 | 22,292,000 |
| Risk-weighted assets | 164,573,000 | 164,227,000 | 157,812,000 | 157,641,000 |