Home > Merchants Bank > Assets and Liabilities
Merchants Bank, Assets and Liabilities
| 1998-12-31 | Rank | |
| # of Employees: | 344 | 511 |
| Assets and Liabilities | ||
| Total Assets: | $572,669,000 | 830 |
| Cash and due from depository institutions | $36,128,000 | 511 |
| Interest-bearing balances | $488,000 | 3,573 |
| Securities | $149,994,000 | 790 |
| Federal funds sold & reverse repurchase agreements | $42,225,000 | 393 |
| Net loans & leases | $322,640,000 | 896 |
| Loan loss allowance | $6,603,000 | 656 |
| Trading account assets | $0 | 197 |
| Bank premises and fixed assets | $14,291,000 | 512 |
| Other real estate owned | $584,000 | 511 |
| Goodwill and other intangibles | $0 | 3,445 |
| All other assets | $6,807,000 | 1,202 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $572,669,000 | 830 |
| Total liabilities | $528,595,000 | 818 |
| Total deposits | $524,120,000 | 697 |
| Interest-bearing deposits | $467,753,000 | 669 |
| Deposits held in domestic offices | $524,120,000 | 691 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,214 |
| Trading liabilities | $0 | 69 |
| Other borrowed funds | $0 | 5,274 |
| Subordinated debt | $0 | 255 |
| All other liabilities | $4,475,000 | 1,058 |
| Total equity capital | $44,074,000 | 1,015 |
| Total bank equity capital | $44,074,000 | 1,015 |
| Perpetual preferred stock | $0 | 199 |
| Common stock | $1,000,000 | 3,049 |
| Surplus | $18,927,000 | 916 |
| Undivided profits | $24,147,000 | 1,067 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $2,880,000 | 915 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $180,000 | 675 |
| Income earned, not collected on loans | $1,886,000 | 1,109 |
| Earning assets | $515,347,000 | 853 |
| Long-term assets (5+ years) | $43,441,000 | 1,772 |
| Average Assets, year-to-date | $557,734,600 | 809 |
| Average Assets, quarterly | $566,801,000 | 826 |
| Volatile liabilities | $49,631,000 | 1,393 |
| Insider loans | $2,944,000 | 1,460 |
| FHLB advances | $0 | 740 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $65,639,000 | 937 |
| Tier 1 (core) risk-based capital | $43,176,000 | 969 |
| Tier 2 risk-based capital | $4,711,480 | 776 |
| Total risk weighted assets | $374,990,780 | 803 |
| Total unused commitments | $65,639,000 | 942 |
| Derivatives | $0 | 527 |
| 1997-12-31 | Rank | |
| # of Employees: | 319 | 548 |
| Assets and Liabilities | ||
| Total Assets: | $544,902,000 | 873 |
| Cash and due from depository institutions | $37,341,000 | 548 |
| Interest-bearing balances | $53,000 | 5,292 |
| Securities | $130,629,000 | 886 |
| Federal funds sold & reverse repurchase agreements | $16,050,000 | 824 |
| Net loans & leases | $338,879,000 | 888 |
| Loan loss allowance | $3,687,000 | 1,043 |
| Trading account assets | $0 | 203 |
| Bank premises and fixed assets | $14,675,000 | 511 |
| Other real estate owned | $1,132,000 | 548 |
| Goodwill and other intangibles | $0 | 3,571 |
| All other assets | $6,196,000 | 1,253 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $544,902,000 | 873 |
| Total liabilities | $491,024,000 | 881 |
| Total deposits | $486,491,000 | 769 |
| Interest-bearing deposits | $337,630,000 | 961 |
| Deposits held in domestic offices | $486,491,000 | 762 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,723 |
| Trading liabilities | $0 | 80 |
| Other borrowed funds | $0 | 5,103 |
| Subordinated debt | $0 | 260 |
| All other liabilities | $4,533,000 | 1,087 |
| Total equity capital | $53,878,000 | 856 |
| Total bank equity capital | $53,878,000 | 856 |
| Perpetual preferred stock | $0 | 223 |
| Common stock | $1,000,000 | 3,120 |
| Surplus | $18,943,000 | 915 |
| Undivided profits | $33,935,000 | 761 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $2,557,000 | 1,086 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $286,000 | 484 |
| Income earned, not collected on loans | $2,125,000 | 1,026 |
| Earning assets | $485,611,000 | 904 |
| Long-term assets (5+ years) | $41,479,000 | 1,624 |
| Average Assets, year-to-date | $514,259,800 | 886 |
| Average Assets, quarterly | $530,482,500 | 886 |
| Volatile liabilities | $49,794,000 | 1,419 |
| Insider loans | $2,425,000 | 1,738 |
| FHLB advances | $0 | 780 |
| Loans and leases held for sale | $0 | 1,579 |
| Unused loan commitments | $62,341,000 | 911 |
| Tier 1 (core) risk-based capital | $53,411,000 | 800 |
| Tier 2 risk-based capital | $3,687,000 | 908 |
| Total risk weighted assets | $376,707,900 | 799 |
| Total unused commitments | $62,341,000 | 917 |
| Derivatives | $0 | 533 |
| 1996-12-31 | Rank | |
| # of Employees: | 331 | 578 |
| Assets and Liabilities | ||
| Total Assets: | $491,718,000 | 993 |
| Cash and due from depository institutions | $29,038,000 | 578 |
| Interest-bearing balances | $0 | 6,640 |
| Securities | $143,272,000 | 864 |
| Federal funds sold & reverse repurchase agreements | $6,375,000 | 2,062 |
| Net loans & leases | $291,023,000 | 1,045 |
| Loan loss allowance | $2,713,000 | 1,444 |
| Trading account assets | $0 | 240 |
| Bank premises and fixed assets | $14,715,000 | 526 |
| Other real estate owned | $1,677,000 | 578 |
| Goodwill and other intangibles | $0 | 3,437 |
| All other assets | $5,618,000 | 1,455 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $491,718,000 | 993 |
| Total liabilities | $442,847,000 | 1,005 |
| Total deposits | $440,323,000 | 892 |
| Interest-bearing deposits | $309,728,000 | 1,083 |
| Deposits held in domestic offices | $440,323,000 | 885 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,907 |
| Trading liabilities | $0 | 97 |
| Other borrowed funds | $0 | 5,299 |
| Subordinated debt | $0 | 298 |
| All other liabilities | $2,524,000 | 1,673 |
| Total equity capital | $48,871,000 | 949 |
| Total bank equity capital | $48,871,000 | 949 |
| Perpetual preferred stock | $0 | 250 |
| Common stock | $1,000,000 | 3,340 |
| Surplus | $18,971,000 | 962 |
| Undivided profits | $28,900,000 | 886 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $3,170,000 | 1,053 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $77,000 | 1,076 |
| Income earned, not collected on loans | $1,649,000 | 1,309 |
| Earning assets | $440,670,000 | 1,022 |
| Long-term assets (5+ years) | $31,842,000 | 1,886 |
| Average Assets, year-to-date | $479,754,600 | 983 |
| Average Assets, quarterly | $487,817,500 | 991 |
| Volatile liabilities | $38,177,000 | 1,709 |
| Insider loans | $1,918,000 | 2,203 |
| FHLB advances | $0 | 882 |
| Loans and leases held for sale | $0 | 1,560 |
| Unused loan commitments | $50,462,000 | 1,049 |
| Tier 1 (core) risk-based capital | $48,790,000 | 896 |
| Tier 2 risk-based capital | $2,713,000 | 1,194 |
| Total risk weighted assets | $325,373,400 | 942 |
| Total unused commitments | $50,462,000 | 1,055 |
| Derivatives | $0 | 549 |
| 1995-12-31 | Rank | |
| # of Employees: | 162 | 1,172 |
| Assets and Liabilities | ||
| Total Assets: | $266,921,000 | 1,763 |
| Cash and due from depository institutions | $17,821,000 | 1,172 |
| Interest-bearing balances | $898,000 | 2,686 |
| Securities | $64,030,000 | 1,946 |
| Federal funds sold & reverse repurchase agreements | $17,250,000 | 828 |
| Net loans & leases | $158,849,000 | 1,786 |
| Loan loss allowance | $1,628,000 | 2,317 |
| Trading account assets | $0 | 261 |
| Bank premises and fixed assets | $4,797,000 | 1,611 |
| Other real estate owned | $1,226,000 | 1,172 |
| Goodwill and other intangibles | $0 | 3,181 |
| All other assets | $2,948,000 | 2,557 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $266,921,000 | 1,763 |
| Total liabilities | $242,008,000 | 1,754 |
| Total deposits | $239,779,000 | 1,626 |
| Interest-bearing deposits | $158,077,000 | 2,154 |
| Deposits held in domestic offices | $239,779,000 | 1,615 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,736 |
| Trading liabilities | $0 | 110 |
| Other borrowed funds | $0 | 5,136 |
| Subordinated debt | $0 | 337 |
| All other liabilities | $2,229,000 | 1,927 |
| Total equity capital | $24,913,000 | 1,807 |
| Total bank equity capital | $24,913,000 | 1,807 |
| Perpetual preferred stock | $0 | 288 |
| Common stock | $1,000,000 | 3,492 |
| Surplus | $8,600,000 | 1,824 |
| Undivided profits | $15,313,000 | 1,713 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,729,000 | 1,710 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $567,000 | 231 |
| Income earned, not collected on loans | $1,120,000 | 2,058 |
| Earning assets | $241,027,000 | 1,778 |
| Long-term assets (5+ years) | $14,119,000 | 3,211 |
| Average Assets, year-to-date | $256,318,000 | 1,770 |
| Average Assets, quarterly | $262,893,500 | 1,774 |
| Volatile liabilities | $25,325,000 | 2,161 |
| Insider loans | $3,507,000 | 1,252 |
| FHLB advances | $0 | 855 |
| Loans and leases held for sale | $0 | 1,606 |
| Unused loan commitments | $31,716,000 | 1,427 |
| Tier 1 (core) risk-based capital | $24,464,000 | 1,747 |
| Tier 2 risk-based capital | $1,628,000 | 1,893 |
| Total risk weighted assets | $171,027,600 | 1,664 |
| Total unused commitments | $31,716,000 | 1,437 |
| Derivatives | $0 | 628 |
| 1994-12-31 | Rank | |
| # of Employees: | 160 | 1,233 |
| Assets and Liabilities | ||
| Total Assets: | $251,887,000 | 1,830 |
| Cash and due from depository institutions | $16,371,000 | 1,233 |
| Interest-bearing balances | $1,494,000 | 1,919 |
| Securities | $56,852,000 | 2,310 |
| Federal funds sold & reverse repurchase agreements | $26,950,000 | 421 |
| Net loans & leases | $141,453,000 | 1,970 |
| Loan loss allowance | $2,063,000 | 1,911 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $4,493,000 | 1,658 |
| Other real estate owned | $2,402,000 | 1,233 |
| Goodwill and other intangibles | $0 | 3,133 |
| All other assets | $3,366,000 | 2,392 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $251,887,000 | 1,830 |
| Total liabilities | $229,177,000 | 1,831 |
| Total deposits | $227,120,000 | 1,671 |
| Interest-bearing deposits | $154,081,000 | 2,146 |
| Deposits held in domestic offices | $227,120,000 | 1,660 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 4,788 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $0 | 5,375 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $2,057,000 | 1,752 |
| Total equity capital | $22,710,000 | 1,827 |
| Total bank equity capital | $22,710,000 | 1,827 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $1,000,000 | 3,640 |
| Surplus | $8,600,000 | 1,749 |
| Undivided profits | $13,110,000 | 1,796 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,343,000 | 2,114 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $13,000 | 1,452 |
| Income earned, not collected on loans | $1,036,000 | 1,902 |
| Earning assets | $226,749,000 | 1,848 |
| Long-term assets (5+ years) | $14,997,000 | 3,177 |
| Average Assets, year-to-date | $242,653,400 | 1,844 |
| Average Assets, quarterly | $245,561,500 | 1,864 |
| Volatile liabilities | $16,306,000 | 2,988 |
| Insider loans | $2,708,000 | 1,556 |
| FHLB advances | $0 | 993 |
| Loans and leases held for sale | $0 | 1,430 |
| Unused loan commitments | $19,075,000 | 1,992 |
| Tier 1 (core) risk-based capital | $22,773,000 | 1,831 |
| Tier 2 risk-based capital | $1,949,020 | 1,627 |
| Total risk weighted assets | $155,807,720 | 1,787 |
| Total unused commitments | $19,075,000 | 2,003 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 163 | 1,269 |
| Assets and Liabilities | ||
| Total Assets: | $241,091,000 | 1,921 |
| Cash and due from depository institutions | $13,207,000 | 1,269 |
| Interest-bearing balances | $1,294,000 | 3,012 |
| Securities | $52,329,000 | 2,643 |
| Federal funds sold & reverse repurchase agreements | $40,775,000 | 356 |
| Net loans & leases | $124,486,000 | 2,150 |
| Loan loss allowance | $1,986,000 | 2,080 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $4,024,000 | 1,794 |
| Other real estate owned | $2,608,000 | 1,269 |
| Goodwill and other intangibles | $0 | 3,091 |
| All other assets | $3,662,000 | 2,031 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $241,091,000 | 1,921 |
| Total liabilities | $221,759,000 | 1,915 |
| Total deposits | $220,296,000 | 1,793 |
| Interest-bearing deposits | $157,124,000 | 2,199 |
| Deposits held in domestic offices | $220,296,000 | 1,777 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,944 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,027 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $1,463,000 | 2,339 |
| Total equity capital | $19,332,000 | 2,106 |
| Total bank equity capital | $19,332,000 | 2,106 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $1,000,000 | 3,765 |
| Surplus | $8,600,000 | 1,659 |
| Undivided profits | $9,732,000 | 2,437 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,623,000 | 2,238 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $37,000 | 1,255 |
| Income earned, not collected on loans | $812,000 | 2,183 |
| Earning assets | $218,884,000 | 1,946 |
| Long-term assets (5+ years) | $18,430,000 | 2,841 |
| Average Assets, year-to-date | $233,442,800 | 1,931 |
| Average Assets, quarterly | $240,260,000 | 1,914 |
| Volatile liabilities | $13,346,000 | 3,286 |
| Insider loans | $3,303,000 | 1,251 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $24,016,000 | 1,666 |
| Tier 1 (core) risk-based capital | $19,332,000 | 2,054 |
| Tier 2 risk-based capital | $1,763,060 | 1,758 |
| Total risk weighted assets | $140,822,160 | 1,922 |
| Total unused commitments | $24,016,000 | 1,688 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 158 | 1,369 |
| Assets and Liabilities | ||
| Total Assets: | $226,535,000 | 2,099 |
| Cash and due from depository institutions | $14,627,000 | 1,369 |
| Interest-bearing balances | $1,742,000 | 2,933 |
| Securities | $47,672,000 | 2,861 |
| Federal funds sold & reverse repurchase agreements | $33,075,000 | 563 |
| Net loans & leases | $121,843,000 | 2,267 |
| Loan loss allowance | $1,725,000 | 2,399 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $3,797,000 | 1,925 |
| Other real estate owned | $3,036,000 | 1,369 |
| Goodwill and other intangibles | $0 | 3,106 |
| All other assets | $2,485,000 | 2,984 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $226,535,000 | 2,099 |
| Total liabilities | $209,344,000 | 2,093 |
| Total deposits | $208,132,000 | 1,983 |
| Interest-bearing deposits | $148,868,000 | 2,427 |
| Deposits held in domestic offices | $208,132,000 | 1,972 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $0 | 3,764 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $0 | 5,085 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $1,212,000 | 2,819 |
| Total equity capital | $17,191,000 | 2,242 |
| Total bank equity capital | $17,191,000 | 2,242 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $1,000,000 | 3,936 |
| Surplus | $8,600,000 | 1,608 |
| Undivided profits | $7,591,000 | 2,899 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $2,191,000 | 2,127 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $800,000 | 2,485 |
| Earning assets | $204,332,000 | 2,120 |
| Long-term assets (5+ years) | $26,450,000 | 2,081 |
| Average Assets, year-to-date | $218,502,400 | 2,122 |
| Average Assets, quarterly | $223,746,500 | 2,106 |
| Volatile liabilities | $15,104,000 | 2,947 |
| Insider loans | $271,000 | 3,150 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $0 | 1,207 |
| Unused loan commitments | $14,441,000 | 2,274 |
| Tier 1 (core) risk-based capital | $17,191,000 | 2,188 |
| Tier 2 risk-based capital | $1,716,860 | 1,838 |
| Total risk weighted assets | $137,340,460 | 2,035 |
| Total unused commitments | $14,441,000 | 2,292 |
| Derivatives | $0 | 651 |