Call reports 2018
PACIFIC MERCANTILE BANK — 2018
What PACIFIC MERCANTILE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 1,295,690,000 | 1,357,135,000 | 1,319,359,000 | 1,349,096,000 |
| Total loans | 1,061,960,000 | 1,062,372,000 | 1,084,215,000 | 1,096,746,000 |
| Allowance for loan losses | 13,405,000 | 13,369,000 | 13,463,000 | 13,506,000 |
| Securities available for sale | 30,803,000 | 29,188,000 | 29,919,000 | 31,231,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,121,049,000 | 1,176,947,000 | 1,126,058,000 | 1,144,315,000 |
| Interest-bearing deposits | 778,789,000 | 824,438,000 | 780,911,000 | 795,881,000 |
| Noninterest-bearing deposits | 342,260,000 | 352,509,000 | 345,147,000 | 348,434,000 |
| Equity capital | 125,347,000 | 140,489,000 | 145,103,000 | 150,989,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 14,247,000 | 29,348,000 | 44,534,000 | 60,929,000 |
| Interest expense | 2,639,000 | 5,884,000 | 9,188,000 | 12,749,000 |
| Net interest income | 11,608,000 | 23,464,000 | 35,346,000 | 48,180,000 |
| Noninterest income | 869,000 | 1,908,000 | 3,013,000 | 4,314,000 |
| Noninterest expense | 9,243,000 | 18,279,000 | 26,877,000 | 35,804,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 3,342,000 | 7,201,000 | 11,590,000 | 16,798,000 |
| Income tax | 0 | -11,087,000 | -11,184,000 | -11,184,000 |
| Net income | 3,342,000 | 18,288,000 | 22,774,000 | 27,982,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 126,554,000 | 137,161,000 | 141,867,000 | 146,516,000 |
| Total capital | 140,309,000 | 150,880,000 | 155,680,000 | 160,372,000 |
| Risk-weighted assets | 1,175,643,000 | 1,174,228,000 | 1,217,339,000 | 1,229,818,000 |