Call reports 2012
MERCANTILE BANK — 2012
What MERCANTILE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 1,395,870,000 | 1,378,852,000 | 1,381,760,000 | 1,415,492,000 |
| Total loans | 1,051,675,000 | 1,060,996,000 | 1,035,288,000 | 1,041,189,000 |
| Allowance for loan losses | 30,943,000 | 29,689,000 | 27,762,000 | 28,677,000 |
| Securities available for sale | 149,981,000 | 127,591,000 | 135,661,000 | 138,315,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,094,561,000 | 1,106,063,000 | 1,108,172,000 | 1,135,677,000 |
| Interest-bearing deposits | 942,943,000 | 941,531,000 | 941,282,000 | 945,435,000 |
| Noninterest-bearing deposits | 151,618,000 | 164,532,000 | 166,890,000 | 190,242,000 |
| Equity capital | 193,694,000 | 176,610,000 | 171,114,000 | 173,018,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 15,707,000 | 30,674,000 | 45,493,000 | 60,170,000 |
| Interest expense | 3,447,000 | 6,634,000 | 9,585,000 | 12,289,000 |
| Net interest income | 12,260,000 | 24,040,000 | 35,908,000 | 47,881,000 |
| Noninterest income | 1,615,000 | 2,482,000 | 3,776,000 | 5,911,000 |
| Noninterest expense | 9,223,000 | 18,522,000 | 27,725,000 | 36,821,000 |
| Provision for loan losses | 0 | -3,000,000 | -3,400,000 | -3,100,000 |
| Pretax income | 4,652,000 | 11,000,000 | 15,359,000 | 20,071,000 |
| Income tax | 1,445,000 | 3,482,000 | 4,892,000 | 6,301,000 |
| Net income | 3,207,000 | 7,518,000 | 10,467,000 | 13,770,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 175,546,000 | 158,085,000 | 155,092,000 | 158,870,000 |
| Total capital | 190,517,000 | 173,109,000 | 169,868,000 | 173,828,000 |
| Risk-weighted assets | 1,180,271,000 | 1,185,130,000 | 1,166,605,000 | 1,181,080,000 |