Call reports 2002
MERCANTILE SOUTHERN MARYLAND BANK — 2002
What MERCANTILE SOUTHERN MARYLAND BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 239,337,000 | 245,769,000 | 247,494,000 | 245,090,000 |
| Total loans | 139,767,000 | 142,171,000 | 141,484,000 | 141,281,000 |
| Allowance for loan losses | 2,698,000 | 2,819,000 | 2,808,000 | 2,758,000 |
| Securities available for sale | 80,190,000 | 87,697,000 | 89,132,000 | 91,711,000 |
| Securities held to maturity | 575,000 | 575,000 | 475,000 | 575,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 210,939,000 | 217,005,000 | 214,733,000 | 212,281,000 |
| Interest-bearing deposits | 151,425,000 | 156,332,000 | 150,856,000 | 152,644,000 |
| Noninterest-bearing deposits | 59,514,000 | 60,673,000 | 63,877,000 | 59,637,000 |
| Equity capital | 24,784,000 | 25,767,000 | 27,263,000 | 27,677,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,780,000 | 7,597,000 | 11,450,000 | 15,251,000 |
| Interest expense | 703,000 | 1,313,000 | 1,873,000 | 2,345,000 |
| Net interest income | 3,077,000 | 6,284,000 | 9,577,000 | 12,906,000 |
| Noninterest income | 690,000 | 1,422,000 | 2,181,000 | 2,915,000 |
| Noninterest expense | 1,515,000 | 3,112,000 | 4,656,000 | 6,190,000 |
| Provision for loan losses | 150,000 | 300,000 | 300,000 | 300,000 |
| Pretax income | 2,102,000 | 4,294,000 | 6,802,000 | 9,331,000 |
| Income tax | 753,000 | 1,539,000 | 2,452,000 | 3,282,000 |
| Net income | 1,349,000 | 2,755,000 | 4,350,000 | 6,049,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,467,000 | 23,828,000 | 24,405,000 | 24,979,000 |
| Total capital | 25,031,000 | 25,412,000 | 25,981,000 | 26,566,000 |
| Risk-weighted assets | 124,012,000 | 125,458,000 | 124,885,000 | 125,811,000 |
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