Call report 2024Q1
MERCANTILE BANK — 2024Q1
The 22 measures MERCANTILE BANK reported to the FFIEC for 2024Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 5,423,219,000 | USD | evidence → |
| Total loans | 4,336,399,000 | USD | evidence → |
| Allowance for loan losses | 51,638,000 | USD | evidence → |
| Securities available for sale | 609,152,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 4,023,068,000 | USD | evidence → |
| Interest-bearing deposits | 2,886,637,000 | USD | evidence → |
| Noninterest-bearing deposits | 1,136,431,000 | USD | evidence → |
| Equity capital | 639,419,000 | 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 | 76,724,000 | USD | evidence → |
| Interest expense | 27,478,000 | USD | evidence → |
| Net interest income | 49,246,000 | USD | evidence → |
| Noninterest income | 10,857,000 | USD | evidence → |
| Noninterest expense | 28,441,000 | USD | evidence → |
| Provision for loan losses | 1,300,000 | USD | evidence → |
| Pretax income | 30,346,000 | USD | evidence → |
| Income tax | 6,069,000 | USD | evidence → |
| Net income | 24,277,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 660,223,000 | USD | evidence → |
| Total capital | 712,688,000 | USD | evidence → |
| Risk-weighted assets | 5,166,678,000 | USD | evidence → |