Call report 2023Q2
MERCANTILE BANK — 2023Q2
The 22 measures MERCANTILE BANK reported to the FFIEC for 2023Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 5,117,941,000 | USD | evidence → |
| Total loans | 4,063,784,000 | USD | evidence → |
| Allowance for loan losses | 44,721,000 | USD | evidence → |
| Securities available for sale | 608,971,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 26,880,000 | USD | evidence → |
| Total deposits | 3,775,809,000 | USD | evidence → |
| Interest-bearing deposits | 2,402,791,000 | USD | evidence → |
| Noninterest-bearing deposits | 1,373,018,000 | USD | evidence → |
| Equity capital | 580,921,000 | 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 | 126,401,000 | USD | evidence → |
| Interest expense | 26,706,000 | USD | evidence → |
| Net interest income | 99,695,000 | USD | evidence → |
| Noninterest income | 14,149,000 | USD | evidence → |
| Noninterest expense | 53,304,000 | USD | evidence → |
| Provision for loan losses | 2,600,000 | USD | evidence → |
| Pretax income | 57,940,000 | USD | evidence → |
| Income tax | 11,443,000 | USD | evidence → |
| Net income | 46,497,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 610,096,000 | USD | evidence → |
| Total capital | 654,817,000 | USD | evidence → |
| Risk-weighted assets | 4,782,085,000 | USD | evidence → |