Call reports 2018
MERIDIAN BANK — 2018
What MERIDIAN BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 883,521,000 | 945,435,000 | 959,829,000 | 997,388,000 |
| Total loans | 771,265,000 | 827,193,000 | 840,832,000 | 875,801,000 |
| Allowance for loan losses | 7,138,000 | 7,449,000 | 7,711,000 | 8,053,000 |
| Securities available for sale | 38,541,000 | 41,972,000 | 47,678,000 | 50,428,000 |
| Securities held to maturity | 12,832,000 | 12,801,000 | 12,771,000 | 12,741,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 679,303,000 | 683,250,000 | 781,927,000 | 752,130,000 |
| Interest-bearing deposits | 573,727,000 | 576,308,000 | 657,072,000 | 625,980,000 |
| Noninterest-bearing deposits | 105,576,000 | 106,942,000 | 124,855,000 | 126,150,000 |
| Equity capital | 102,360,000 | 104,380,000 | 107,018,000 | 109,867,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 9,796,000 | 20,605,000 | 32,177,000 | 44,064,000 |
| Interest expense | 2,104,000 | 4,767,000 | 7,961,000 | 11,407,000 |
| Net interest income | 7,692,000 | 15,838,000 | 24,216,000 | 32,657,000 |
| Noninterest income | 7,056,000 | 15,724,000 | 24,891,000 | 32,355,000 |
| Noninterest expense | 12,562,000 | 26,636,000 | 40,389,000 | 52,945,000 |
| Provision for loan losses | 554,000 | 967,000 | 1,258,000 | 1,577,000 |
| Pretax income | 1,632,000 | 3,959,000 | 7,460,000 | 10,490,000 |
| Income tax | 362,000 | 887,000 | 1,661,000 | 2,327,000 |
| Net income | 1,270,000 | 3,072,000 | 5,799,000 | 8,163,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 97,497,000 | 99,636,000 | 102,688,000 | 105,196,000 |
| Total capital | 114,046,000 | 116,503,000 | 119,825,000 | 122,577,000 |
| Risk-weighted assets | 788,975,000 | 828,120,000 | 853,894,000 | 894,718,000 |