Call reports 2001
MERCANTILE PENINSULA BANK — 2001
What MERCANTILE PENINSULA BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 292,146,000 | 308,047,000 | 316,496,000 | 302,809,000 |
| Total loans | 197,477,000 | 193,836,000 | 192,214,000 | 191,374,000 |
| Allowance for loan losses | 3,511,000 | 3,574,000 | 3,634,000 | 3,649,000 |
| Securities available for sale | 77,593,000 | 78,469,000 | 89,458,000 | 91,991,000 |
| Securities held to maturity | 430,000 | 430,000 | 365,000 | 365,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 227,803,000 | 240,416,000 | 249,068,000 | 246,920,000 |
| Interest-bearing deposits | 174,714,000 | 173,724,000 | 184,955,000 | 182,832,000 |
| Noninterest-bearing deposits | 53,089,000 | 66,692,000 | 64,113,000 | 64,088,000 |
| Equity capital | 47,518,000 | 48,106,000 | 48,982,000 | 49,489,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 5,535,000 | 10,958,000 | 16,237,000 | 21,151,000 |
| Interest expense | 1,906,000 | 3,636,000 | 5,192,000 | 6,426,000 |
| Net interest income | 3,629,000 | 7,322,000 | 11,045,000 | 14,725,000 |
| Noninterest income | 469,000 | 1,054,000 | 1,819,000 | 2,389,000 |
| Noninterest expense | 1,598,000 | 3,304,000 | 5,194,000 | 6,875,000 |
| Provision for loan losses | 0 | 61,000 | 120,000 | 180,000 |
| Pretax income | 2,500,000 | 5,011,000 | 7,550,000 | 10,059,000 |
| Income tax | 920,000 | 1,845,000 | 2,781,000 | 3,703,000 |
| Net income | 1,580,000 | 3,166,000 | 4,769,000 | 6,356,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,214,000 | 44,729,000 | 45,176,000 | 45,670,000 |
| Total capital | 48,502,000 | 49,076,000 | 49,273,000 | 49,968,000 |
| Risk-weighted assets | 187,429,000 | 184,603,000 | 185,262,000 | 182,130,000 |