Call reports 2007
MERCHANTS BANK OF CALIFORNIA, NATIONAL ASSOCIATION — 2007
What MERCHANTS BANK OF CALIFORNIA, NATIONAL ASSOCIATION reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 81,863,000 | 90,287,000 | 95,194,000 | 85,470,000 |
| Total loans | 48,978,000 | 55,173,000 | 57,771,000 | 54,903,000 |
| Allowance for loan losses | 927,000 | 836,000 | 1,004,000 | 930,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,471,000 | 3,468,000 | 2,465,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,712,000 | 52,721,000 | 58,972,000 | 58,259,000 |
| Interest-bearing deposits | 32,951,000 | 33,178,000 | 39,792,000 | 36,027,000 |
| Noninterest-bearing deposits | 18,761,000 | 19,543,000 | 19,180,000 | 22,232,000 |
| Equity capital | 12,507,000 | 12,710,000 | 12,523,000 | 12,317,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 1,448,000 | 2,866,000 | 4,356,000 | 5,765,000 |
| Interest expense | 511,000 | 1,021,000 | 1,590,000 | 2,171,000 |
| Net interest income | 937,000 | 1,845,000 | 2,766,000 | 3,594,000 |
| Noninterest income | 1,895,000 | 4,076,000 | 6,247,000 | 8,331,000 |
| Noninterest expense | 2,213,000 | 4,756,000 | 7,461,000 | 10,232,000 |
| Provision for loan losses | 25,000 | 225,000 | 993,000 | 1,487,000 |
| Pretax income | 594,000 | 940,000 | 559,000 | 206,000 |
| Income tax | 240,000 | 383,000 | 189,000 | 42,000 |
| Net income | 354,000 | 557,000 | 370,000 | 164,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,507,000 | 12,710,000 | 12,523,000 | 12,317,000 |
| Total capital | 13,218,000 | 13,503,000 | 13,359,000 | 13,119,000 |
| Risk-weighted assets | 56,647,000 | 63,362,000 | 66,718,000 | 64,003,000 |