Call reports 2022
MERIDIAN BANK — 2022
What MERIDIAN BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 1,831,464,000 | 1,852,999,000 | 1,921,715,000 | 2,062,088,000 |
| Total loans | 1,513,163,000 | 1,577,830,000 | 1,644,148,000 | 1,765,926,000 |
| Allowance for loan losses | 18,826,000 | 18,805,000 | 18,974,000 | 18,828,000 |
| Securities available for sale | 130,653,000 | 129,288,000 | 127,999,000 | 135,346,000 |
| Securities held to maturity | 34,977,000 | 37,111,000 | 37,922,000 | 37,479,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,567,509,000 | 1,570,777,000 | 1,675,566,000 | 1,717,076,000 |
| Interest-bearing deposits | 1,273,472,000 | 1,276,089,000 | 1,383,384,000 | 1,410,752,000 |
| Noninterest-bearing deposits | 294,037,000 | 294,688,000 | 292,182,000 | 306,324,000 |
| Equity capital | 194,347,000 | 192,212,000 | 188,386,000 | 187,570,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 17,963,000 | 38,001,000 | 60,958,000 | 88,713,000 |
| Interest expense | 1,391,000 | 3,340,000 | 7,735,000 | 16,325,000 |
| Net interest income | 16,572,000 | 34,661,000 | 53,223,000 | 72,388,000 |
| Noninterest income | 13,204,000 | 23,694,000 | 33,986,000 | 41,992,000 |
| Noninterest expense | 21,433,000 | 41,139,000 | 61,400,000 | 80,033,000 |
| Provision for loan losses | 615,000 | 1,217,000 | 1,743,000 | 2,488,000 |
| Pretax income | 7,626,000 | 15,810,000 | 23,808,000 | 31,591,000 |
| Income tax | 1,554,000 | 3,262,000 | 4,927,000 | 6,862,000 |
| Net income | 6,072,000 | 12,548,000 | 18,881,000 | 24,729,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 195,817,000 | 197,192,000 | 197,284,000 | 195,035,000 |