Call reports 2007
MERIDIAN BANK — 2007
What MERIDIAN BANK 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 | 148,863,000 | 163,954,000 | 173,699,000 | 183,191,000 |
| Total loans | 111,812,000 | 123,031,000 | 134,704,000 | 142,520,000 |
| Allowance for loan losses | 1,370,000 | 1,485,000 | 1,345,000 | 1,416,000 |
| Securities available for sale | 34,219,000 | 36,218,000 | 34,238,000 | 36,087,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,766,000 | 102,635,000 | 102,866,000 | 111,053,000 |
| Interest-bearing deposits | 97,643,000 | 95,547,000 | 95,842,000 | 103,523,000 |
| Noninterest-bearing deposits | 4,123,000 | 7,088,000 | 7,024,000 | 7,530,000 |
| Equity capital | 18,981,000 | 19,087,000 | 19,200,000 | 19,154,000 |
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 | 2,308,000 | 4,772,000 | 7,492,000 | 10,263,000 |
| Interest expense | 1,223,000 | 2,545,000 | 3,993,000 | 5,507,000 |
| Net interest income | 1,085,000 | 2,227,000 | 3,499,000 | 4,756,000 |
| Noninterest income | 7,000 | 21,000 | 41,000 | 85,000 |
| Noninterest expense | 789,000 | 1,678,000 | 2,746,000 | 4,153,000 |
| Provision for loan losses | 90,000 | 205,000 | 297,000 | 367,000 |
| Pretax income | 213,000 | 365,000 | 497,000 | 357,000 |
| Income tax | 72,000 | 123,000 | 167,000 | 128,000 |
| Net income | 141,000 | 242,000 | 330,000 | 229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,028,000 | 19,135,000 | 19,230,000 | 19,135,000 |
| Total capital | 20,398,000 | 20,620,000 | 20,575,000 | 20,551,000 |
| Risk-weighted assets | 129,734,000 | 135,310,000 | 145,085,000 | 152,888,000 |