Call reports 2016
PACIFIC MERCANTILE BANK — 2016
What PACIFIC MERCANTILE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 1,092,087,000 | 1,084,683,000 | 1,060,749,000 | 1,126,890,000 |
| Total loans | 832,335,000 | 871,084,000 | 859,159,000 | 935,158,000 |
| Allowance for loan losses | 13,029,000 | 13,429,000 | 16,642,000 | 16,801,000 |
| Securities available for sale | 51,162,000 | 49,263,000 | 46,998,000 | 43,480,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 943,133,000 | 939,442,000 | 954,497,000 | 1,005,377,000 |
| Interest-bearing deposits | 663,455,000 | 642,868,000 | 665,809,000 | 669,077,000 |
| Noninterest-bearing deposits | 279,678,000 | 296,574,000 | 288,688,000 | 336,300,000 |
| Equity capital | 133,919,000 | 129,838,000 | 100,124,000 | 100,326,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 9,954,000 | 19,790,000 | 30,365,000 | 40,941,000 |
| Interest expense | 1,112,000 | 2,322,000 | 3,584,000 | 4,891,000 |
| Net interest income | 8,842,000 | 17,468,000 | 26,781,000 | 36,050,000 |
| Noninterest income | 730,000 | 1,550,000 | 2,494,000 | 3,233,000 |
| Noninterest expense | 8,381,000 | 16,973,000 | 26,187,000 | 34,928,000 |
| Provision for loan losses | 420,000 | 9,140,000 | 19,870,000 | 19,870,000 |
| Pretax income | 771,000 | -7,095,000 | -16,782,000 | -15,515,000 |
| Income tax | 316,000 | -3,076,000 | 16,941,000 | 16,839,000 |
| Net income | 455,000 | -4,019,000 | -33,723,000 | -32,354,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 125,624,000 | 117,942,000 | 100,278,000 | 101,807,000 |
| Total capital | 137,154,000 | 130,121,000 | 112,015,000 | 114,412,000 |
| Risk-weighted assets | 915,132,000 | 964,753,000 | 931,175,000 | 1,003,659,000 |