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Call report 2016Q1

MERCANTILE BANK — 2016Q1

The 22 measures MERCANTILE BANK reported to the FFIEC for 2016Q1, each linked to its source filing.

PERIOD: 2016Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/a0ab8ef5-f95a-4409-b06c-d20f8ad2dbfe/2016Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets2,905,922,000USDevidence →
Total loans2,295,668,000USDevidence →
Allowance for loan losses16,262,000USDevidence →
Securities available for sale343,805,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits2,269,620,000USDevidence →
Interest-bearing deposits1,590,565,000USDevidence →
Noninterest-bearing deposits679,055,000USDevidence →
Equity capital363,791,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income28,889,000USDevidence →
Interest expense2,261,000USDevidence →
Net interest income26,628,000USDevidence →
Noninterest income3,962,000USDevidence →
Noninterest expense19,320,000USDevidence →
Provision for loan losses601,000USDevidence →
Pretax income10,669,000USDevidence →
Income tax3,372,000USDevidence →
Net income7,297,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital324,406,000USDevidence →
Total capital340,668,000USDevidence →
Risk-weighted assets2,594,930,000USDevidence →