Call reports 2013
MERIDIAN BANK — 2013
What MERIDIAN BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 443,841,000 | 461,774,000 | 467,167,000 | 500,668,000 |
| Total loans | 391,261,000 | 404,205,000 | 409,605,000 | 440,274,000 |
| Allowance for loan losses | 4,686,000 | 4,385,000 | 3,789,000 | 4,084,000 |
| Securities available for sale | 20,502,000 | 20,718,000 | 23,849,000 | 23,128,000 |
| Securities held to maturity | 8,977,000 | 8,966,000 | 7,379,000 | 7,367,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 362,087,000 | 393,999,000 | 394,630,000 | 387,398,000 |
| Interest-bearing deposits | 332,018,000 | 361,943,000 | 361,424,000 | 351,423,000 |
| Noninterest-bearing deposits | 30,069,000 | 32,056,000 | 33,206,000 | 35,975,000 |
| Equity capital | 38,172,000 | 38,608,000 | 39,039,000 | 39,710,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 5,063,000 | 10,372,000 | 15,959,000 | 21,662,000 |
| Interest expense | 817,000 | 1,646,000 | 2,526,000 | 3,410,000 |
| Net interest income | 4,246,000 | 8,726,000 | 13,433,000 | 18,252,000 |
| Noninterest income | 5,039,000 | 11,403,000 | 17,167,000 | 23,144,000 |
| Noninterest expense | 7,670,000 | 16,496,000 | 25,743,000 | 34,664,000 |
| Provision for loan losses | 267,000 | 461,000 | 563,000 | 861,000 |
| Pretax income | 1,348,000 | 3,172,000 | 4,294,000 | 5,871,000 |
| Income tax | 438,000 | 1,113,000 | 1,502,000 | 2,003,000 |
| Net income | 910,000 | 2,059,000 | 2,792,000 | 3,868,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,046,000 | 39,077,000 | 39,647,000 | 40,563,000 |
| Total capital | 44,707,000 | 46,732,000 | 46,781,000 | 47,992,000 |
| Risk-weighted assets | 421,511,000 | 434,073,000 | 444,911,000 | 472,128,000 |