Call reports 2012
MERIDIAN BANK — 2012
What MERIDIAN BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 398,293,000 | 399,133,000 | 422,735,000 | 444,232,000 |
| Total loans | 352,606,000 | 358,849,000 | 376,679,000 | 392,092,000 |
| Allowance for loan losses | 4,633,000 | 5,153,000 | 5,169,000 | 4,900,000 |
| Securities available for sale | 17,785,000 | 16,219,000 | 17,921,000 | 19,277,000 |
| Securities held to maturity | 6,871,000 | 6,886,000 | 6,876,000 | 6,872,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 344,456,000 | 330,382,000 | 358,884,000 | 369,248,000 |
| Interest-bearing deposits | 303,427,000 | 289,949,000 | 319,811,000 | 333,073,000 |
| Noninterest-bearing deposits | 41,029,000 | 40,433,000 | 39,073,000 | 36,175,000 |
| Equity capital | 34,872,000 | 35,749,000 | 36,609,000 | 37,495,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 4,945,000 | 9,894,000 | 14,989,000 | 20,213,000 |
| Interest expense | 950,000 | 1,846,000 | 2,708,000 | 3,581,000 |
| Net interest income | 3,995,000 | 8,048,000 | 12,281,000 | 16,632,000 |
| Noninterest income | 2,663,000 | 6,139,000 | 10,815,000 | 17,075,000 |
| Noninterest expense | 4,961,000 | 10,172,000 | 17,285,000 | 26,250,000 |
| Provision for loan losses | 247,000 | 1,072,000 | 1,381,000 | 1,514,000 |
| Pretax income | 1,450,000 | 2,943,000 | 4,430,000 | 5,943,000 |
| Income tax | 447,000 | 932,000 | 1,417,000 | 1,904,000 |
| Net income | 1,003,000 | 2,011,000 | 3,013,000 | 4,039,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 34,746,000 | 35,591,000 | 36,429,000 | 37,300,000 |
| Total capital | 41,354,000 | 42,446,000 | 43,489,000 | 44,175,000 |
| Risk-weighted assets | 386,442,000 | 390,168,000 | 406,691,000 | 422,545,000 |