Call reports 2006
MERIDIAN BANK — 2006
What MERIDIAN BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 88,790,000 | 105,829,000 | 108,111,000 | 143,842,000 |
| Total loans | 78,431,000 | 86,102,000 | 98,460,000 | 104,517,000 |
| Allowance for loan losses | 868,000 | 986,000 | 1,207,000 | 1,279,000 |
| Securities available for sale | 6,131,000 | 14,105,000 | 6,175,000 | 36,177,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,401,000 | 83,181,000 | 89,124,000 | 101,772,000 |
| Interest-bearing deposits | 76,281,000 | 78,388,000 | 85,218,000 | 98,484,000 |
| Noninterest-bearing deposits | 4,120,000 | 4,793,000 | 3,906,000 | 3,288,000 |
| Equity capital | 8,172,000 | 16,277,000 | 18,648,000 | 18,793,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,464,000 | 3,233,000 | 5,217,000 | 7,422,000 |
| Interest expense | 728,000 | 1,567,000 | 2,507,000 | 3,637,000 |
| Net interest income | 736,000 | 1,666,000 | 2,710,000 | 3,785,000 |
| Noninterest income | 7,000 | 12,000 | 15,000 | 17,000 |
| Noninterest expense | 606,000 | 1,305,000 | 2,272,000 | 3,042,000 |
| Provision for loan losses | 109,000 | 227,000 | 448,000 | 543,000 |
| Pretax income | 28,000 | 146,000 | 5,000 | 217,000 |
| Income tax | 0 | 0 | -705,000 | -624,000 |
| Net income | 28,000 | 146,000 | 710,000 | 841,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,310,000 | 16,438,000 | 18,742,000 | 18,881,000 |
| Total capital | 9,178,000 | 17,424,000 | 19,949,000 | 20,160,000 |
| Risk-weighted assets | 85,490,000 | 95,716,000 | 106,806,000 | 119,404,000 |