Call reports 2021
PACIFIC MERCANTILE BANK — 2021
What PACIFIC MERCANTILE BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Total assets | 1,579,123,000 | 1,534,234,000 | 1,490,319,000 |
| Total loans | 1,244,772,000 | 1,113,448,000 | 982,365,000 |
| Allowance for loan losses | 17,127,000 | 17,268,000 | 17,221,000 |
| Securities available for sale | 43,227,000 | 24,321,000 | 20,781,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 1,388,317,000 | 1,339,840,000 | 1,292,299,000 |
| Interest-bearing deposits | 734,982,000 | 712,913,000 | 689,529,000 |
| Noninterest-bearing deposits | 653,335,000 | 626,927,000 | 602,770,000 |
| Equity capital | 174,042,000 | 179,153,000 | 183,035,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Interest income | 13,699,000 | 26,238,000 | 38,012,000 |
| Interest expense | 838,000 | 1,526,000 | 2,095,000 |
| Net interest income | 12,861,000 | 24,712,000 | 35,917,000 |
| Noninterest income | 1,575,000 | 4,010,000 | 5,454,000 |
| Noninterest expense | 8,989,000 | 17,300,000 | 24,843,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | 5,587,000 | 11,958,000 | 17,055,000 |
| Income tax | 1,654,000 | 3,544,000 | 4,945,000 |
| Net income | 3,933,000 | 8,414,000 | 12,110,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 |
|---|---|---|---|
| Tier 1 capital | 173,046,000 | 177,882,000 | 181,754,000 |
| Total capital | 187,049,000 | 191,232,000 | 194,580,000 |
| Risk-weighted assets | 1,116,786,000 | 1,063,757,000 | 1,021,409,000 |