Call reports 2014
MERCHANTS BANK OF CALIFORNIA, NATIONAL ASSOCIATION — 2014
What MERCHANTS BANK OF CALIFORNIA, NATIONAL ASSOCIATION reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 95,589,000 | 93,866,000 | 80,917,000 | 87,924,000 |
| Total loans | 23,844,000 | 24,120,000 | 23,794,000 | 22,698,000 |
| Allowance for loan losses | 1,589,000 | 1,604,000 | 1,661,000 | 1,437,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 10,464,000 | 11,918,000 | 15,869,000 | 13,824,000 |
| Trading assets | 54,000 | 63,000 | 66,000 | 91,000 |
| Total deposits | 75,512,000 | 72,939,000 | 53,629,000 | 60,272,000 |
| Interest-bearing deposits | 20,268,000 | 19,226,000 | 17,002,000 | 19,538,000 |
| Noninterest-bearing deposits | 55,245,000 | 53,712,000 | 36,627,000 | 40,734,000 |
| Equity capital | 18,844,000 | 19,500,000 | 20,067,000 | 19,961,000 |
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 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 476,000 | 943,000 | 1,604,000 | 2,097,000 |
| Interest expense | 13,000 | 25,000 | 37,000 | 52,000 |
| Net interest income | 463,000 | 918,000 | 1,567,000 | 2,045,000 |
| Noninterest income | 2,595,000 | 5,843,000 | 8,276,000 | 10,403,000 |
| Noninterest expense | 2,286,000 | 4,872,000 | 6,987,000 | 9,827,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 772,000 | 1,889,000 | 2,856,000 | 2,621,000 |
| Income tax | 319,000 | 780,000 | 1,180,000 | 1,051,000 |
| Net income | 453,000 | 1,109,000 | 1,676,000 | 1,570,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,844,000 | 19,474,000 | 20,045,000 | 19,940,000 |
| Total capital | 19,273,000 | 19,908,000 | 20,488,000 | 20,377,000 |
| Risk-weighted assets | 33,130,000 | 33,563,000 | 34,238,000 | 34,019,000 |