Call reports 2020
PACIFIC MERCANTILE BANK — 2020
What PACIFIC MERCANTILE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 1,598,845,000 | 1,685,412,000 | 1,617,448,000 | 1,586,916,000 |
| Total loans | 1,147,825,000 | 1,368,966,000 | 1,280,853,000 | 1,227,039,000 |
| Allowance for loan losses | 17,520,000 | 18,166,000 | 17,486,000 | 17,452,000 |
| Securities available for sale | 27,713,000 | 26,213,000 | 27,626,000 | 42,183,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,303,025,000 | 1,433,277,000 | 1,409,886,000 | 1,389,046,000 |
| Interest-bearing deposits | 802,953,000 | 833,579,000 | 747,348,000 | 737,145,000 |
| Noninterest-bearing deposits | 500,072,000 | 599,698,000 | 662,538,000 | 651,901,000 |
| Equity capital | 158,472,000 | 161,097,000 | 166,690,000 | 171,044,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 14,768,000 | 30,348,000 | 46,363,000 | 60,598,000 |
| Interest expense | 3,075,000 | 5,171,000 | 6,795,000 | 7,965,000 |
| Net interest income | 11,693,000 | 25,177,000 | 39,568,000 | 52,633,000 |
| Noninterest income | 1,048,000 | 2,189,000 | 4,467,000 | 6,089,000 |
| Noninterest expense | 9,472,000 | 18,020,000 | 27,039,000 | 35,702,000 |
| Provision for loan losses | 6,200,000 | 9,050,000 | 9,050,000 | 9,050,000 |
| Pretax income | -2,931,000 | 296,000 | 7,946,000 | 14,141,000 |
| Income tax | -866,000 | 89,000 | 2,353,000 | 4,189,000 |
| Net income | -2,065,000 | 207,000 | 5,593,000 | 9,952,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 157,468,000 | 158,303,000 | 164,124,000 | 169,138,000 |
| Total capital | 172,824,000 | 173,272,000 | 178,100,000 | 183,698,000 |
| Risk-weighted assets | 1,226,022,000 | 1,194,046,000 | 1,114,249,000 | 1,161,611,000 |