Call report 2024Q2
MERCANTILE BANK — 2024Q2
The 22 measures MERCANTILE BANK reported to the FFIEC for 2024Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 5,548,093,000 | USD | evidence → |
| Total loans | 4,460,371,000 | USD | evidence → |
| Allowance for loan losses | 55,408,000 | USD | evidence → |
| Securities available for sale | 647,907,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 4,163,519,000 | USD | evidence → |
| Interest-bearing deposits | 3,042,119,000 | USD | evidence → |
| Noninterest-bearing deposits | 1,121,400,000 | USD | evidence → |
| Equity capital | 653,446,000 | 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 | 155,603,000 | USD | evidence → |
| Interest expense | 57,402,000 | USD | evidence → |
| Net interest income | 98,201,000 | USD | evidence → |
| Noninterest income | 20,510,000 | USD | evidence → |
| Noninterest expense | 57,151,000 | USD | evidence → |
| Provision for loan losses | 4,800,000 | USD | evidence → |
| Pretax income | 57,316,000 | USD | evidence → |
| Income tax | 11,463,000 | USD | evidence → |
| Net income | 45,853,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 674,519,000 | USD | evidence → |
| Total capital | 730,638,000 | USD | evidence → |
| Risk-weighted assets | 5,270,927,000 | USD | evidence → |