Call report 2024Q3
MERCANTILE BANK — 2024Q3
The 22 measures MERCANTILE BANK reported to the FFIEC for 2024Q3, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 5,862,869,000 | USD | evidence → |
| Total loans | 4,582,278,000 | USD | evidence → |
| Allowance for loan losses | 56,590,000 | USD | evidence → |
| Securities available for sale | 703,375,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 4,472,580,000 | USD | evidence → |
| Interest-bearing deposits | 3,288,872,000 | USD | evidence → |
| Noninterest-bearing deposits | 1,183,708,000 | USD | evidence → |
| Equity capital | 685,690,000 | 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 | 239,016,000 | USD | evidence → |
| Interest expense | 90,643,000 | USD | evidence → |
| Net interest income | 148,373,000 | USD | evidence → |
| Noninterest income | 30,090,000 | USD | evidence → |
| Noninterest expense | 87,779,000 | USD | evidence → |
| Provision for loan losses | 5,900,000 | USD | evidence → |
| Pretax income | 85,309,000 | USD | evidence → |
| Income tax | 17,062,000 | USD | evidence → |
| Net income | 68,247,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 689,634,000 | USD | evidence → |
| Total capital | 747,020,000 | USD | evidence → |
| Risk-weighted assets | 5,377,289,000 | USD | evidence → |