Call reports 2022
MERCANTILE BANK — 2022
What MERCANTILE BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 5,156,518,000 | 5,039,121,000 | 4,997,514,000 | 4,853,001,000 |
| Total loans | 3,570,535,000 | 3,736,764,000 | 3,895,368,000 | 3,920,183,000 |
| Allowance for loan losses | 35,153,000 | 35,974,000 | 39,120,000 | 42,246,000 |
| Securities available for sale | 605,661,000 | 603,638,000 | 582,998,000 | 602,937,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 10,053,000 | 17,069,000 | 28,445,000 | 25,697,000 |
| Total deposits | 3,991,605,000 | 3,891,629,000 | 3,863,484,000 | 3,731,443,000 |
| Interest-bearing deposits | 2,304,018,000 | 2,149,812,000 | 2,145,195,000 | 2,125,308,000 |
| Noninterest-bearing deposits | 1,687,587,000 | 1,741,817,000 | 1,718,289,000 | 1,606,135,000 |
| Equity capital | 539,975,000 | 531,640,000 | 518,769,000 | 543,599,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 35,882,000 | 75,431,000 | 123,560,000 | 181,839,000 |
| Interest expense | 3,745,000 | 7,583,000 | 11,700,000 | 17,492,000 |
| Net interest income | 32,137,000 | 67,848,000 | 111,860,000 | 164,347,000 |
| Noninterest income | 9,377,000 | 16,761,000 | 24,216,000 | 32,024,000 |
| Noninterest expense | 24,354,000 | 49,526,000 | 75,071,000 | 102,169,000 |
| Provision for loan losses | 100,000 | 600,000 | 3,500,000 | 6,550,000 |
| Pretax income | 16,986,000 | 34,357,000 | 57,316,000 | 87,466,000 |
| Income tax | 3,355,000 | 6,786,000 | 11,320,000 | 17,263,000 |
| Net income | 13,631,000 | 27,571,000 | 45,996,000 | 70,203,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 538,860,000 | 546,514,000 | 558,597,000 | 576,306,000 |
| Total capital | 574,013,000 | 582,488,000 | 597,717,000 | 618,552,000 |
| Risk-weighted assets | 4,169,836,000 | 4,334,909,000 | 4,477,044,000 | 4,547,710,000 |
Machine access — free, no API key
Every figure shown here about MERCANTILE BANK — 2022 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.