Call reports 2013
MERCHANTS BANK AND TRUST COMPANY, THE — 2013
What MERCHANTS BANK AND TRUST COMPANY, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 215,630,000 | 214,715,000 | 219,088,000 | 225,187,000 |
| Total loans | 175,644,000 | 169,198,000 | 175,460,000 | 180,217,000 |
| Allowance for loan losses | 2,563,000 | 2,095,000 | 2,089,000 | 2,003,000 |
| Securities available for sale | 28,380,000 | 32,971,000 | 32,140,000 | 32,680,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,074,000 | 187,722,000 | 183,435,000 | 187,902,000 |
| Interest-bearing deposits | 156,181,000 | 154,266,000 | 150,071,000 | 153,146,000 |
| Noninterest-bearing deposits | 31,893,000 | 33,456,000 | 33,364,000 | 34,756,000 |
| Equity capital | 23,817,000 | 23,156,000 | 23,537,000 | 23,910,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,284,000 | 4,491,000 | 6,678,000 | 8,967,000 |
| Interest expense | 194,000 | 371,000 | 547,000 | 722,000 |
| Net interest income | 2,090,000 | 4,120,000 | 6,131,000 | 8,245,000 |
| Noninterest income | 550,000 | 1,083,000 | 1,602,000 | 2,046,000 |
| Noninterest expense | 1,782,000 | 3,633,000 | 5,421,000 | 7,279,000 |
| Provision for loan losses | 278,000 | 429,000 | 481,000 | 503,000 |
| Pretax income | 598,000 | 1,159,000 | 1,849,000 | 2,560,000 |
| Income tax | 176,000 | 338,000 | 546,000 | 764,000 |
| Net income | 422,000 | 821,000 | 1,303,000 | 1,796,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,373,000 | 23,573,000 | 24,055,000 | 24,547,000 |
| Total capital | 25,391,000 | 25,574,000 | 26,136,000 | 26,550,000 |
| Risk-weighted assets | 160,877,000 | 159,980,000 | 166,452,000 | 171,026,000 |