Call reports 2014
MERCHANTS BANK AND TRUST COMPANY, THE — 2014
What MERCHANTS BANK AND TRUST COMPANY, THE reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 |
|---|---|---|---|
| Total assets | 231,755,000 | 234,154,000 | 231,152,000 |
| Total loans | 188,230,000 | 189,983,000 | 187,909,000 |
| Allowance for loan losses | 2,004,000 | 2,001,000 | 1,844,000 |
| Securities available for sale | 32,256,000 | 31,719,000 | 30,840,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 185,906,000 | 185,403,000 | 182,660,000 |
| Interest-bearing deposits | 148,685,000 | 149,134,000 | 142,317,000 |
| Noninterest-bearing deposits | 37,221,000 | 36,269,000 | 40,343,000 |
| Equity capital | 24,793,000 | 25,086,000 | 25,778,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 |
|---|---|---|---|
| Interest income | 2,323,000 | 4,710,000 | 7,076,000 |
| Interest expense | 170,000 | 345,000 | 514,000 |
| Net interest income | 2,153,000 | 4,365,000 | 6,562,000 |
| Noninterest income | 398,000 | 859,000 | 1,298,000 |
| Noninterest expense | 1,834,000 | 3,706,000 | 5,423,000 |
| Provision for loan losses | 26,000 | 127,000 | 228,000 |
| Pretax income | 691,000 | 1,391,000 | 2,209,000 |
| Income tax | 213,000 | 425,000 | 683,000 |
| Net income | 478,000 | 966,000 | 1,526,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 |
|---|---|---|---|
| Tier 1 capital | 25,025,000 | 25,014,000 | 25,574,000 |
| Total capital | 27,029,000 | 27,015,000 | 27,418,000 |
| Risk-weighted assets | 177,224,000 | 178,182,000 | 177,417,000 |