Call report 2023Q3
MERCANTILE BANK — 2023Q3
The 22 measures MERCANTILE BANK reported to the FFIEC for 2023Q3, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 5,231,405,000 | USD | evidence → |
| Total loans | 4,114,547,000 | USD | evidence → |
| Allowance for loan losses | 48,008,000 | USD | evidence → |
| Securities available for sale | 592,304,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 35,060,000 | USD | evidence → |
| Total deposits | 3,919,077,000 | USD | evidence → |
| Interest-bearing deposits | 2,608,020,000 | USD | evidence → |
| Noninterest-bearing deposits | 1,311,057,000 | USD | evidence → |
| Equity capital | 585,895,000 | 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 | 197,557,000 | USD | evidence → |
| Interest expense | 46,954,000 | USD | evidence → |
| Net interest income | 150,603,000 | USD | evidence → |
| Noninterest income | 23,422,000 | USD | evidence → |
| Noninterest expense | 80,797,000 | USD | evidence → |
| Provision for loan losses | 5,900,000 | USD | evidence → |
| Pretax income | 87,282,000 | USD | evidence → |
| Income tax | 17,238,000 | USD | evidence → |
| Net income | 70,044,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 627,220,000 | USD | evidence → |
| Total capital | 675,228,000 | USD | evidence → |
| Risk-weighted assets | 4,928,867,000 | USD | evidence → |