Call reports 2003
MERCHANTS BANK OF CALIFORNIA, NATIONAL ASSOCIATION — 2003
What MERCHANTS BANK OF CALIFORNIA, NATIONAL ASSOCIATION reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 37,465,000 | 40,750,000 | 44,264,000 | 54,602,000 |
| Total loans | 16,846,000 | 22,338,000 | 23,232,000 | 27,853,000 |
| Allowance for loan losses | 351,000 | 379,000 | 397,000 | 430,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 5,114,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 29,408,000 | 32,369,000 | 35,017,000 | 40,340,000 |
| Interest-bearing deposits | 15,294,000 | 17,749,000 | 20,533,000 | 24,899,000 |
| Noninterest-bearing deposits | 14,114,000 | 14,620,000 | 14,484,000 | 15,440,000 |
| Equity capital | 7,591,000 | 7,796,000 | 8,114,000 | 8,414,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 435,000 | 970,000 | 1,555,000 | 2,155,000 |
| Interest expense | 60,000 | 125,000 | 193,000 | 270,000 |
| Net interest income | 375,000 | 845,000 | 1,362,000 | 1,885,000 |
| Noninterest income | 1,679,000 | 3,473,000 | 5,526,000 | 7,765,000 |
| Noninterest expense | 1,710,000 | 3,586,000 | 5,575,000 | 7,773,000 |
| Provision for loan losses | 5,000 | 35,000 | 53,000 | 86,000 |
| Pretax income | 339,000 | 697,000 | 1,260,000 | 1,791,000 |
| Income tax | 145,000 | 298,000 | 543,000 | 774,000 |
| Net income | 194,000 | 399,000 | 717,000 | 1,017,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,591,000 | 7,796,000 | 8,114,000 | 8,414,000 |
| Total capital | 7,884,000 | 8,149,000 | 8,493,000 | 8,844,000 |
| Risk-weighted assets | 23,246,000 | 28,080,000 | 30,290,000 | 36,284,000 |