Call reports 2002
MERCANTILE PENINSULA BANK — 2002
What MERCANTILE PENINSULA BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 304,702,000 | 323,215,000 | 343,629,000 | 336,644,000 |
| Total loans | 204,470,000 | 213,178,000 | 222,926,000 | 237,669,000 |
| Allowance for loan losses | 3,720,000 | 3,784,000 | 3,857,000 | 3,856,000 |
| Securities available for sale | 89,590,000 | 84,997,000 | 91,481,000 | 85,090,000 |
| Securities held to maturity | 305,000 | 305,000 | 290,000 | 290,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 240,656,000 | 256,672,000 | 272,638,000 | 265,491,000 |
| Interest-bearing deposits | 174,359,000 | 179,328,000 | 185,036,000 | 181,005,000 |
| Noninterest-bearing deposits | 66,297,000 | 77,344,000 | 87,602,000 | 84,486,000 |
| Equity capital | 49,528,000 | 50,057,000 | 50,740,000 | 51,344,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 4,634,000 | 9,209,000 | 13,845,000 | 18,518,000 |
| Interest expense | 953,000 | 1,809,000 | 2,605,000 | 3,325,000 |
| Net interest income | 3,681,000 | 7,400,000 | 11,240,000 | 15,193,000 |
| Noninterest income | 529,000 | 1,175,000 | 1,991,000 | 2,591,000 |
| Noninterest expense | 1,654,000 | 3,436,000 | 5,373,000 | 7,208,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 180,000 |
| Pretax income | 2,496,000 | 5,019,000 | 7,685,000 | 10,403,000 |
| Income tax | 921,000 | 1,853,000 | 2,837,000 | 3,830,000 |
| Net income | 1,575,000 | 3,166,000 | 4,848,000 | 6,573,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,123,000 | 46,608,000 | 47,119,000 | 47,674,000 |
| Total capital | 50,649,000 | 51,097,000 | 51,457,000 | 52,309,000 |
| Risk-weighted assets | 192,701,000 | 209,424,000 | 219,729,000 | 230,438,000 |