Call reports 2011
MERCHANTS BANK AND TRUST COMPANY, THE — 2011
What MERCHANTS BANK AND TRUST COMPANY, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 216,175,000 | 205,366,000 | 205,612,000 | 210,297,000 |
| Total loans | 168,265,000 | 164,409,000 | 162,125,000 | 161,618,000 |
| Allowance for loan losses | 2,336,000 | 2,601,000 | 2,410,000 | 2,470,000 |
| Securities available for sale | 21,038,000 | 25,547,000 | 27,362,000 | 28,434,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 187,095,000 | 177,989,000 | 176,926,000 | 181,353,000 |
| Interest-bearing deposits | 156,513,000 | 148,653,000 | 146,553,000 | 150,760,000 |
| Noninterest-bearing deposits | 30,582,000 | 29,336,000 | 30,373,000 | 30,593,000 |
| Equity capital | 20,465,000 | 21,081,000 | 21,733,000 | 22,017,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,528,000 | 5,006,000 | 7,389,000 | 9,690,000 |
| Interest expense | 433,000 | 807,000 | 1,167,000 | 1,492,000 |
| Net interest income | 2,095,000 | 4,199,000 | 6,222,000 | 8,198,000 |
| Noninterest income | 381,000 | 764,000 | 1,232,000 | 1,635,000 |
| Noninterest expense | 1,754,000 | 3,544,000 | 5,242,000 | 6,864,000 |
| Provision for loan losses | 237,000 | 351,000 | 502,000 | 885,000 |
| Pretax income | 469,000 | 1,043,000 | 1,742,000 | 2,116,000 |
| Income tax | 160,000 | 350,000 | 579,000 | 686,000 |
| Net income | 309,000 | 693,000 | 1,163,000 | 1,430,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,375,000 | 20,759,000 | 21,229,000 | 21,496,000 |
| Total capital | 22,253,000 | 22,585,000 | 23,030,000 | 23,280,000 |
| Risk-weighted assets | 149,767,000 | 145,338,000 | 143,488,000 | 142,050,000 |