Call reports 2019
PACIFIC MERCANTILE BANK — 2019
What PACIFIC MERCANTILE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 1,399,655,000 | 1,418,304,000 | 1,437,734,000 | 1,414,995,000 |
| Total loans | 1,074,510,000 | 1,089,069,000 | 1,165,303,000 | 1,131,122,000 |
| Allowance for loan losses | 11,514,000 | 11,474,000 | 12,086,000 | 13,611,000 |
| Securities available for sale | 29,421,000 | 28,393,000 | 24,973,000 | 28,344,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,189,106,000 | 1,206,670,000 | 1,220,490,000 | 1,206,718,000 |
| Interest-bearing deposits | 817,516,000 | 821,861,000 | 788,817,000 | 803,779,000 |
| Noninterest-bearing deposits | 371,590,000 | 384,809,000 | 431,673,000 | 402,939,000 |
| Equity capital | 152,639,000 | 156,281,000 | 158,859,000 | 159,775,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 16,167,000 | 32,633,000 | 49,399,000 | 65,678,000 |
| Interest expense | 3,876,000 | 7,889,000 | 11,692,000 | 15,217,000 |
| Net interest income | 12,291,000 | 24,744,000 | 37,707,000 | 50,461,000 |
| Noninterest income | 1,371,000 | 2,723,000 | 4,027,000 | 5,325,000 |
| Noninterest expense | 8,519,000 | 17,824,000 | 26,949,000 | 36,353,000 |
| Provision for loan losses | 3,300,000 | 3,300,000 | 5,400,000 | 9,150,000 |
| Pretax income | 1,843,000 | 6,343,000 | 9,385,000 | 10,283,000 |
| Income tax | 553,000 | 1,903,000 | 2,834,000 | 2,925,000 |
| Net income | 1,290,000 | 4,440,000 | 6,551,000 | 7,358,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 151,004,000 | 154,352,000 | 156,403,000 | 157,652,000 |
| Total capital | 162,868,000 | 166,176,000 | 168,839,000 | 171,613,000 |
| Risk-weighted assets | 1,213,656,000 | 1,232,686,000 | 1,279,783,000 | 1,240,141,000 |