Call report 2020Q2
MERCANTILE BANK — 2020Q2
The 22 measures MERCANTILE BANK reported to the FFIEC for 2020Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 4,296,344,000 | USD | evidence → |
| Total loans | 3,333,056,000 | USD | evidence → |
| Allowance for loan losses | 32,245,000 | USD | evidence → |
| Securities available for sale | 307,661,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 3,271,692,000 | USD | evidence → |
| Interest-bearing deposits | 1,825,999,000 | USD | evidence → |
| Noninterest-bearing deposits | 1,445,693,000 | USD | evidence → |
| Equity capital | 445,129,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 75,099,000 | USD | evidence → |
| Interest expense | 12,874,000 | USD | evidence → |
| Net interest income | 62,225,000 | USD | evidence → |
| Noninterest income | 17,614,000 | USD | evidence → |
| Noninterest expense | 44,006,000 | USD | evidence → |
| Provision for loan losses | 8,350,000 | USD | evidence → |
| Pretax income | 27,521,000 | USD | evidence → |
| Income tax | 5,229,000 | USD | evidence → |
| Net income | 22,292,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 404,587,000 | USD | evidence → |
| Total capital | 436,833,000 | USD | evidence → |
| Risk-weighted assets | 3,237,710,000 | USD | evidence → |