Call reports 2004
MERCANTILE PENINSULA BANK — 2004
What MERCANTILE PENINSULA BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 384,174,000 | 422,368,000 | 1,566,789,000 | 1,547,628,000 |
| Total loans | 294,916,000 | 318,306,000 | 1,251,408,000 | 1,257,115,000 |
| Allowance for loan losses | 4,349,000 | 4,418,000 | 19,815,000 | 19,704,000 |
| Securities available for sale | 43,592,000 | 39,514,000 | 206,526,000 | 192,120,000 |
| Securities held to maturity | 180,000 | 180,000 | 2,003,000 | 2,003,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 327,943,000 | 364,990,000 | 1,295,983,000 | 1,250,268,000 |
| Interest-bearing deposits | 218,449,000 | 235,369,000 | 874,872,000 | 857,978,000 |
| Noninterest-bearing deposits | 109,494,000 | 129,621,000 | 421,111,000 | 392,290,000 |
| Equity capital | 33,088,000 | 32,861,000 | 161,670,000 | 163,613,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 4,748,000 | 9,735,000 | 60,381,000 | 81,875,000 |
| Interest expense | 537,000 | 1,051,000 | 8,924,000 | 12,085,000 |
| Net interest income | 4,211,000 | 8,684,000 | 51,457,000 | 69,790,000 |
| Noninterest income | 652,000 | 1,447,000 | 8,907,000 | 11,599,000 |
| Noninterest expense | 1,914,000 | 3,816,000 | 26,401,000 | 35,199,000 |
| Provision for loan losses | 74,000 | 74,000 | 74,000 | 74,000 |
| Pretax income | 2,875,000 | 6,241,000 | 33,889,000 | 46,116,000 |
| Income tax | 1,104,000 | 2,399,000 | 12,939,000 | 17,552,000 |
| Net income | 1,771,000 | 3,842,000 | 20,950,000 | 28,564,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,695,000 | 32,773,000 | 126,388,000 | 128,868,000 |
| Total capital | 52,683,000 | 53,112,000 | 198,166,000 | 200,736,000 |
| Risk-weighted assets | 290,459,000 | 315,697,000 | 1,200,393,000 | 1,207,803,000 |