Call reports 2020
MERCANTILE BANK OF LOUISIANA, MISSOURI, THE — 2020
What MERCANTILE BANK OF LOUISIANA, MISSOURI, THE 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 | 105,276,000 | 116,335,000 | 114,671,000 | 115,819,000 |
| Total loans | 75,305,000 | 78,041,000 | 80,177,000 | 82,237,000 |
| Allowance for loan losses | 2,654,000 | 2,730,000 | 2,805,000 | 2,845,000 |
| Securities available for sale | 11,655,000 | 13,362,000 | 14,522,000 | 14,107,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,709,000 | 91,532,000 | 89,853,000 | 91,429,000 |
| Interest-bearing deposits | 62,901,000 | 72,008,000 | 71,668,000 | 73,474,000 |
| Noninterest-bearing deposits | 17,808,000 | 19,524,000 | 18,185,000 | 17,955,000 |
| Equity capital | 23,716,000 | 23,873,000 | 23,835,000 | 23,627,000 |
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 | 1,175,000 | 2,353,000 | 3,385,000 | 4,430,000 |
| Interest expense | 146,000 | 273,000 | 404,000 | 525,000 |
| Net interest income | 1,029,000 | 2,080,000 | 2,981,000 | 3,905,000 |
| Noninterest income | 96,000 | 174,000 | 260,000 | 346,000 |
| Noninterest expense | 713,000 | 1,368,000 | 2,030,000 | 2,664,000 |
| Provision for loan losses | 36,000 | 108,000 | 180,000 | 216,000 |
| Pretax income | 376,000 | 778,000 | 1,031,000 | 1,375,000 |
| Income tax | 3,000 | 3,000 | 3,000 | 3,000 |
| Net income | 373,000 | 775,000 | 1,028,000 | 1,372,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,305,000 | 23,508,000 | 23,509,000 | 23,354,000 |