Home > Merchants Bank > Assets and Liabilities
Merchants Bank, Assets and Liabilities
| 1997-12-31 | Rank | |
| # of Employees: | 109 | 1,604 |
| Assets and Liabilities | ||
| Total Assets: | $223,995,000 | 2,038 |
| Cash and due from depository institutions | $10,085,000 | 1,604 |
| Interest-bearing balances | $96,000 | 4,911 |
| Securities | $68,152,000 | 1,684 |
| Federal funds sold & reverse repurchase agreements | $3,474,000 | 3,592 |
| Net loans & leases | $136,180,000 | 2,062 |
| Loan loss allowance | $1,592,000 | 2,219 |
| Trading account assets | $0 | 203 |
| Bank premises and fixed assets | $2,656,000 | 2,977 |
| Other real estate owned | $239,000 | 1,604 |
| Goodwill and other intangibles | $452,000 | 1,829 |
| All other assets | $2,757,000 | 2,598 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $223,995,000 | 2,038 |
| Total liabilities | $206,679,000 | 1,993 |
| Total deposits | $193,215,000 | 1,965 |
| Interest-bearing deposits | $165,660,000 | 1,960 |
| Deposits held in domestic offices | $193,215,000 | 1,957 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $11,921,000 | 976 |
| Trading liabilities | $0 | 80 |
| Other borrowed funds | $0 | 5,103 |
| Subordinated debt | $0 | 260 |
| All other liabilities | $1,543,000 | 2,502 |
| Total equity capital | $17,316,000 | 2,576 |
| Total bank equity capital | $17,316,000 | 2,576 |
| Perpetual preferred stock | $0 | 223 |
| Common stock | $4,420,000 | 833 |
| Surplus | $8,229,000 | 1,850 |
| Undivided profits | $4,667,000 | 4,663 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $856,000 | 2,794 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $244,000 | 558 |
| Income earned, not collected on loans | $1,339,000 | 1,650 |
| Earning assets | $207,902,000 | 2,018 |
| Long-term assets (5+ years) | $6,968,000 | 5,213 |
| Average Assets, year-to-date | $213,313,000 | 2,037 |
| Average Assets, quarterly | $221,043,000 | 2,037 |
| Volatile liabilities | $32,954,000 | 1,983 |
| Insider loans | $4,408,000 | 926 |
| FHLB advances | $0 | 780 |
| Loans and leases held for sale | $654,000 | 963 |
| Unused loan commitments | $22,362,000 | 1,936 |
| Tier 1 (core) risk-based capital | $16,776,000 | 2,552 |
| Tier 2 risk-based capital | $1,592,000 | 1,895 |
| Total risk weighted assets | $146,993,400 | 1,897 |
| Total unused commitments | $22,362,000 | 1,942 |
| Derivatives | $0 | 533 |
| 1996-12-31 | Rank | |
| # of Employees: | 111 | 1,682 |
| Assets and Liabilities | ||
| Total Assets: | $205,986,000 | 2,262 |
| Cash and due from depository institutions | $10,290,000 | 1,682 |
| Interest-bearing balances | $87,000 | 5,102 |
| Securities | $42,914,000 | 2,810 |
| Federal funds sold & reverse repurchase agreements | $16,080,000 | 801 |
| Net loans & leases | $130,856,000 | 2,174 |
| Loan loss allowance | $1,546,000 | 2,373 |
| Trading account assets | $0 | 240 |
| Bank premises and fixed assets | $2,701,000 | 2,872 |
| Other real estate owned | $137,000 | 1,682 |
| Goodwill and other intangibles | $501,000 | 1,676 |
| All other assets | $2,507,000 | 2,927 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $205,986,000 | 2,262 |
| Total liabilities | $189,750,000 | 2,212 |
| Total deposits | $178,568,000 | 2,169 |
| Interest-bearing deposits | $154,788,000 | 2,163 |
| Deposits held in domestic offices | $178,568,000 | 2,159 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $9,812,000 | 1,170 |
| Trading liabilities | $0 | 97 |
| Other borrowed funds | $0 | 5,299 |
| Subordinated debt | $0 | 298 |
| All other liabilities | $1,370,000 | 2,774 |
| Total equity capital | $16,236,000 | 2,761 |
| Total bank equity capital | $16,236,000 | 2,761 |
| Perpetual preferred stock | $0 | 250 |
| Common stock | $4,420,000 | 882 |
| Surplus | $7,476,000 | 2,076 |
| Undivided profits | $4,340,000 | 4,884 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,555,000 | 1,873 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $384,000 | 360 |
| Income earned, not collected on loans | $1,291,000 | 1,703 |
| Earning assets | $189,937,000 | 2,263 |
| Long-term assets (5+ years) | $7,055,000 | 5,040 |
| Average Assets, year-to-date | $200,112,400 | 2,259 |
| Average Assets, quarterly | $204,974,000 | 2,261 |
| Volatile liabilities | $23,145,000 | 2,597 |
| Insider loans | $4,470,000 | 964 |
| FHLB advances | $0 | 882 |
| Loans and leases held for sale | $459,000 | 986 |
| Unused loan commitments | $22,213,000 | 1,913 |
| Tier 1 (core) risk-based capital | $15,688,000 | 2,769 |
| Tier 2 risk-based capital | $1,546,000 | 1,983 |
| Total risk weighted assets | $142,266,500 | 1,976 |
| Total unused commitments | $22,213,000 | 1,926 |
| Derivatives | $0 | 549 |
| 1995-12-31 | Rank | |
| # of Employees: | 115 | 1,662 |
| Assets and Liabilities | ||
| Total Assets: | $195,686,000 | 2,401 |
| Cash and due from depository institutions | $8,326,000 | 1,662 |
| Interest-bearing balances | $779,000 | 2,839 |
| Securities | $52,544,000 | 2,394 |
| Federal funds sold & reverse repurchase agreements | $2,800,000 | 4,556 |
| Net loans & leases | $126,037,000 | 2,206 |
| Loan loss allowance | $1,687,000 | 2,250 |
| Trading account assets | $0 | 261 |
| Bank premises and fixed assets | $2,555,000 | 2,968 |
| Other real estate owned | $150,000 | 1,662 |
| Goodwill and other intangibles | $551,000 | 1,513 |
| All other assets | $2,723,000 | 2,765 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $195,686,000 | 2,401 |
| Total liabilities | $180,914,000 | 2,345 |
| Total deposits | $172,859,000 | 2,275 |
| Interest-bearing deposits | $151,727,000 | 2,235 |
| Deposits held in domestic offices | $172,859,000 | 2,265 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $6,614,000 | 1,364 |
| Trading liabilities | $0 | 110 |
| Other borrowed funds | $0 | 5,136 |
| Subordinated debt | $0 | 337 |
| All other liabilities | $1,441,000 | 2,733 |
| Total equity capital | $14,772,000 | 3,011 |
| Total bank equity capital | $14,772,000 | 3,011 |
| Perpetual preferred stock | $0 | 288 |
| Common stock | $4,420,000 | 888 |
| Surplus | $6,816,000 | 2,229 |
| Undivided profits | $3,536,000 | 5,671 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $943,000 | 2,754 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $240,000 | 519 |
| Income earned, not collected on loans | $1,210,000 | 1,876 |
| Earning assets | $182,160,000 | 2,368 |
| Long-term assets (5+ years) | $8,787,000 | 4,368 |
| Average Assets, year-to-date | $185,667,600 | 2,423 |
| Average Assets, quarterly | $194,481,000 | 2,390 |
| Volatile liabilities | $16,502,000 | 3,087 |
| Insider loans | $5,062,000 | 887 |
| FHLB advances | $0 | 855 |
| Loans and leases held for sale | $0 | 1,606 |
| Unused loan commitments | $21,110,000 | 1,932 |
| Tier 1 (core) risk-based capital | $14,229,000 | 3,026 |
| Tier 2 risk-based capital | $1,687,000 | 1,837 |
| Total risk weighted assets | $136,534,800 | 2,038 |
| Total unused commitments | $21,110,000 | 1,940 |
| Derivatives | $0 | 628 |
| 1994-12-31 | Rank | |
| # of Employees: | 110 | 1,815 |
| Assets and Liabilities | ||
| Total Assets: | $172,231,000 | 2,654 |
| Cash and due from depository institutions | $9,936,000 | 1,815 |
| Interest-bearing balances | $73,000 | 5,934 |
| Securities | $43,850,000 | 2,999 |
| Federal funds sold & reverse repurchase agreements | $13,625,000 | 711 |
| Net loans & leases | $99,524,000 | 2,658 |
| Loan loss allowance | $1,273,000 | 2,910 |
| Trading account assets | $0 | 286 |
| Bank premises and fixed assets | $2,346,000 | 3,159 |
| Other real estate owned | $195,000 | 1,815 |
| Goodwill and other intangibles | $244,000 | 1,822 |
| All other assets | $2,511,000 | 3,141 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $172,231,000 | 2,654 |
| Total liabilities | $159,187,000 | 2,622 |
| Total deposits | $154,948,000 | 2,481 |
| Interest-bearing deposits | $133,607,000 | 2,472 |
| Deposits held in domestic offices | $154,948,000 | 2,470 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $3,348,000 | 2,179 |
| Trading liabilities | $0 | 87 |
| Other borrowed funds | $0 | 5,375 |
| Subordinated debt | $0 | 372 |
| All other liabilities | $891,000 | 3,350 |
| Total equity capital | $13,044,000 | 3,136 |
| Total bank equity capital | $13,044,000 | 3,136 |
| Perpetual preferred stock | $0 | 310 |
| Common stock | $4,420,000 | 882 |
| Surplus | $6,260,000 | 2,297 |
| Undivided profits | $2,364,000 | 6,654 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $704,000 | 3,413 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $207,000 | 531 |
| Income earned, not collected on loans | $910,000 | 2,190 |
| Earning assets | $157,072,000 | 2,662 |
| Long-term assets (5+ years) | $2,292,000 | 8,000 |
| Average Assets, year-to-date | $170,936,400 | 2,602 |
| Average Assets, quarterly | $171,692,500 | 2,645 |
| Volatile liabilities | $9,880,000 | 4,385 |
| Insider loans | $5,288,000 | 808 |
| FHLB advances | $0 | 993 |
| Loans and leases held for sale | $0 | 1,430 |
| Unused loan commitments | $14,235,000 | 2,446 |
| Tier 1 (core) risk-based capital | $13,335,000 | 3,107 |
| Tier 2 risk-based capital | $1,273,000 | 2,333 |
| Total risk weighted assets | $111,358,200 | 2,392 |
| Total unused commitments | $14,235,000 | 2,457 |
| Derivatives | $0 | 687 |
| 1993-12-31 | Rank | |
| # of Employees: | 108 | 1,938 |
| Assets and Liabilities | ||
| Total Assets: | $171,278,000 | 2,690 |
| Cash and due from depository institutions | $8,761,000 | 1,938 |
| Interest-bearing balances | $29,000 | 7,215 |
| Securities | $59,755,000 | 2,295 |
| Federal funds sold & reverse repurchase agreements | $7,350,000 | 1,893 |
| Net loans & leases | $90,299,000 | 2,837 |
| Loan loss allowance | $1,233,000 | 3,092 |
| Trading account assets | $0 | 330 |
| Bank premises and fixed assets | $2,376,000 | 3,080 |
| Other real estate owned | $277,000 | 1,938 |
| Goodwill and other intangibles | $270,000 | 1,670 |
| All other assets | $2,190,000 | 3,221 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $171,278,000 | 2,690 |
| Total liabilities | $158,545,000 | 2,647 |
| Total deposits | $155,888,000 | 2,540 |
| Interest-bearing deposits | $134,515,000 | 2,553 |
| Deposits held in domestic offices | $155,888,000 | 2,530 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $1,546,000 | 2,425 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $23,000 | 4,823 |
| Subordinated debt | $0 | 413 |
| All other liabilities | $1,088,000 | 2,929 |
| Total equity capital | $12,733,000 | 3,182 |
| Total bank equity capital | $12,733,000 | 3,182 |
| Perpetual preferred stock | $0 | 343 |
| Common stock | $4,420,000 | 869 |
| Surplus | $4,604,000 | 2,912 |
| Undivided profits | $3,709,000 | 5,379 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $677,000 | 4,103 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $198,000 | 604 |
| Income earned, not collected on loans | $772,000 | 2,318 |
| Earning assets | $157,433,000 | 2,695 |
| Long-term assets (5+ years) | $4,170,000 | 6,962 |
| Average Assets, year-to-date | $170,922,200 | 2,634 |
| Average Assets, quarterly | $170,885,500 | 2,676 |
| Volatile liabilities | $10,477,000 | 3,961 |
| Insider loans | $3,764,000 | 1,092 |
| FHLB advances | $0 | 821 |
| Loans and leases held for sale | $0 | 1,681 |
| Unused loan commitments | $9,912,000 | 3,130 |
| Tier 1 (core) risk-based capital | $12,463,000 | 3,187 |
| Tier 2 risk-based capital | $1,233,000 | 2,378 |
| Total risk weighted assets | $101,033,400 | 2,582 |
| Total unused commitments | $9,912,000 | 3,148 |
| Derivatives | $0 | 714 |
| 1992-12-31 | Rank | |
| # of Employees: | 117 | 1,841 |
| Assets and Liabilities | ||
| Total Assets: | $169,810,000 | 2,786 |
| Cash and due from depository institutions | $9,042,000 | 1,841 |
| Interest-bearing balances | $0 | 8,059 |
| Securities | $52,181,000 | 2,611 |
| Federal funds sold & reverse repurchase agreements | $13,800,000 | 1,209 |
| Net loans & leases | $89,611,000 | 2,943 |
| Loan loss allowance | $1,611,000 | 2,541 |
| Trading account assets | $0 | 344 |
| Bank premises and fixed assets | $1,983,000 | 3,645 |
| Other real estate owned | $400,000 | 1,841 |
| Goodwill and other intangibles | $295,000 | 1,617 |
| All other assets | $2,498,000 | 2,969 |
| Life insurance assets | $0 | 1 |
| Total liabilities and capital | $169,810,000 | 2,786 |
| Total liabilities | $157,916,000 | 2,749 |
| Total deposits | $155,410,000 | 2,650 |
| Interest-bearing deposits | $137,925,000 | 2,613 |
| Deposits held in domestic offices | $155,410,000 | 2,643 |
| % insured | 0.00% | 1 |
| Federal funds purchased & repurchase agreements | $1,145,000 | 2,459 |
| Trading liabilities | $0 | 1 |
| Other borrowed funds | $44,000 | 4,653 |
| Subordinated debt | $0 | 482 |
| All other liabilities | $1,317,000 | 2,625 |
| Total equity capital | $11,894,000 | 3,222 |
| Total bank equity capital | $11,894,000 | 3,222 |
| Perpetual preferred stock | $0 | 346 |
| Common stock | $1,473,000 | 3,002 |
| Surplus | $7,551,000 | 1,829 |
| Undivided profits | $2,870,000 | 6,119 |
| Noncontrolling interests in consolidated subsidiaries | $0 | 1 |
| Memoranda | ||
| Noncurrent loans and leases | $1,650,000 | 2,582 |
| Noncurrent loans that are wholly or partially guaranteed by the U.S. government | $0 | 1 |
| Income earned, not collected on loans | $992,000 | 1,987 |
| Earning assets | $155,592,000 | 2,781 |
| Long-term assets (5+ years) | $5,195,000 | 6,384 |
| Average Assets, year-to-date | $171,660,200 | 2,682 |
| Average Assets, quarterly | $169,516,500 | 2,773 |
| Volatile liabilities | $10,464,000 | 3,971 |
| Insider loans | $369,000 | 2,449 |
| FHLB advances | $0 | 832 |
| Loans and leases held for sale | $0 | 1,207 |
| Unused loan commitments | $12,046,000 | 2,592 |
| Tier 1 (core) risk-based capital | $11,599,000 | 3,245 |
| Tier 2 risk-based capital | $1,253,270 | 2,383 |
| Total risk weighted assets | $99,904,070 | 2,665 |
| Total unused commitments | $12,046,000 | 2,609 |
| Derivatives | $0 | 651 |