Call reports 2014
PACIFIC MERCANTILE BANK — 2014
What PACIFIC MERCANTILE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 1,040,566,000 | 998,576,000 | 1,063,339,000 | 1,094,120,000 |
| Total loans | 772,147,000 | 803,798,000 | 817,133,000 | 835,502,000 |
| Allowance for loan losses | 11,940,000 | 12,580,000 | 13,170,000 | 13,833,000 |
| Securities available for sale | 64,573,000 | 62,728,000 | 60,409,000 | 60,925,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 857,302,000 | 829,322,000 | 897,108,000 | 930,766,000 |
| Interest-bearing deposits | 652,744,000 | 626,249,000 | 675,829,000 | 678,918,000 |
| Noninterest-bearing deposits | 204,558,000 | 203,073,000 | 221,279,000 | 251,848,000 |
| Equity capital | 113,544,000 | 114,636,000 | 115,511,000 | 117,131,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 9,139,000 | 18,193,000 | 27,821,000 | 37,961,000 |
| Interest expense | 1,294,000 | 2,646,000 | 3,926,000 | 5,242,000 |
| Net interest income | 7,845,000 | 15,547,000 | 23,895,000 | 32,719,000 |
| Noninterest income | 1,120,000 | 2,026,000 | 3,031,000 | 4,217,000 |
| Noninterest expense | 8,667,000 | 17,025,000 | 25,219,000 | 34,357,000 |
| Provision for loan losses | 450,000 | 1,050,000 | 1,500,000 | 1,500,000 |
| Pretax income | -152,000 | -502,000 | 207,000 | 1,079,000 |
| Income tax | 0 | 0 | 0 | -608,000 |
| Net income | 1,032,000 | 1,454,000 | 2,092,000 | 2,913,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 108,445,000 | 109,675,000 | 111,340,000 | 112,382,000 |
| Total capital | 118,247,000 | 119,797,000 | 121,575,000 | 122,827,000 |
| Risk-weighted assets | 779,882,000 | 806,609,000 | 815,187,000 | 831,554,000 |