Call reports 2004
MERCHANTS BANK OF CALIFORNIA, NATIONAL ASSOCIATION — 2004
What MERCHANTS BANK OF CALIFORNIA, NATIONAL ASSOCIATION reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 54,335,000 | 56,330,000 | 64,552,000 | 72,561,000 |
| Total loans | 30,048,000 | 34,466,000 | 33,610,000 | 40,540,000 |
| Allowance for loan losses | 471,000 | 507,000 | 550,000 | 552,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,883,000 | 9,022,000 | 11,973,000 | 14,908,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,047,000 | 44,346,000 | 49,163,000 | 51,475,000 |
| Interest-bearing deposits | 26,910,000 | 29,584,000 | 34,397,000 | 36,307,000 |
| Noninterest-bearing deposits | 16,137,000 | 14,762,000 | 14,766,000 | 15,168,000 |
| Equity capital | 8,773,000 | 9,119,000 | 9,502,000 | 9,846,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 722,000 | 1,530,000 | 2,412,000 | 3,390,000 |
| Interest expense | 92,000 | 186,000 | 327,000 | 507,000 |
| Net interest income | 630,000 | 1,344,000 | 2,085,000 | 2,883,000 |
| Noninterest income | 2,185,000 | 4,395,000 | 6,680,000 | 8,927,000 |
| Noninterest expense | 2,141,000 | 4,421,000 | 6,729,000 | 9,141,000 |
| Provision for loan losses | 43,000 | 79,000 | 121,000 | 152,000 |
| Pretax income | 631,000 | 1,239,000 | 1,915,000 | 2,517,000 |
| Income tax | 272,000 | 534,000 | 827,000 | 1,085,000 |
| Net income | 359,000 | 705,000 | 1,088,000 | 1,432,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,773,000 | 9,119,000 | 9,502,000 | 9,846,000 |
| Total capital | 9,244,000 | 9,626,000 | 10,026,000 | 10,436,000 |
| Risk-weighted assets | 38,618,000 | 41,224,000 | 41,867,000 | 48,941,000 |