Call reports 2016
MERCHANTS BANK OF CALIFORNIA, NATIONAL ASSOCIATION — 2016
What MERCHANTS BANK OF CALIFORNIA, NATIONAL ASSOCIATION reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 84,189,000 | 69,131,000 | 64,788,000 | 55,282,000 |
| Total loans | 14,616,000 | 12,542,000 | 11,344,000 | 11,195,000 |
| Allowance for loan losses | 1,264,000 | 1,225,000 | 1,227,000 | 660,000 |
| Securities available for sale | 2,002,000 | 0 | 0 | 5,722,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 61,000 | 54,000 | 55,000 | 0 |
| Total deposits | 58,494,000 | 45,794,000 | 41,748,000 | 34,148,000 |
| Interest-bearing deposits | 30,706,000 | 24,284,000 | 21,716,000 | 25,844,000 |
| Noninterest-bearing deposits | 27,788,000 | 21,510,000 | 20,031,000 | 8,304,000 |
| Equity capital | 19,288,000 | 17,983,000 | 17,509,000 | 8,725,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 324,000 | 590,000 | 854,000 | 1,061,000 |
| Interest expense | 43,000 | 83,000 | 119,000 | 162,000 |
| Net interest income | 281,000 | 507,000 | 735,000 | 899,000 |
| Noninterest income | 1,868,000 | 3,723,000 | 5,245,000 | 5,848,000 |
| Noninterest expense | 2,978,000 | 6,896,000 | 9,576,000 | 19,395,000 |
| Provision for loan losses | -23,000 | -346,000 | -346,000 | -896,000 |
| Pretax income | -806,000 | -2,320,000 | -3,250,000 | -11,752,000 |
| Income tax | -333,000 | -544,000 | -1,000,000 | -786,000 |
| Net income | -473,000 | -1,776,000 | -2,250,000 | -10,966,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,274,000 | 17,972,000 | 17,501,000 | 8,785,000 |
| Total capital | 19,584,000 | 18,240,000 | 17,765,000 | 9,036,000 |
| Risk-weighted assets | 23,776,000 | 20,468,000 | 20,079,000 | 19,594,000 |