Call reports 2024
EMIGRANT MERCANTILE BANK — 2024
What EMIGRANT MERCANTILE BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 3,456,000 | 3,482,000 | 3,498,000 | 3,491,000 |
| Total loans | 0 | 0 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 500,000 | 500,000 | 500,000 | 500,000 |
| Interest-bearing deposits | 0 | 0 | 0 | 0 |
| Noninterest-bearing deposits | 500,000 | 500,000 | 500,000 | 500,000 |
| Equity capital | 2,940,000 | 2,958,000 | 2,970,000 | 2,957,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 43,000 | 86,000 | 130,000 | 167,000 |
| Interest expense | 0 | 0 | 0 | 0 |
| Net interest income | 43,000 | 86,000 | 130,000 | 167,000 |
| Noninterest income | 0 | 0 | 0 | 0 |
| Noninterest expense | 18,000 | 36,000 | 64,000 | 119,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 25,000 | 50,000 | 66,000 | 48,000 |
| Income tax | 7,000 | 14,000 | 18,000 | 13,000 |
| Net income | 18,000 | 36,000 | 48,000 | 35,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,940,000 | 2,958,000 | 2,970,000 | 2,957,000 |
| Total capital | 2,940,000 | 2,958,000 | 2,970,000 | 2,957,000 |
| Risk-weighted assets | 689,000 | 695,000 | 698,000 | 703,000 |