Call reports 2005
MERCANTILE PENINSULA BANK — 2005
What MERCANTILE PENINSULA BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 1,554,422,000 | 1,628,581,000 | 1,715,845,000 | 1,723,260,000 |
| Total loans | 1,290,272,000 | 1,364,813,000 | 1,363,975,000 | 1,396,120,000 |
| Allowance for loan losses | 19,702,000 | 17,732,000 | 16,940,000 | 16,402,000 |
| Securities available for sale | 156,634,000 | 159,310,000 | 200,981,000 | 210,739,000 |
| Securities held to maturity | 1,903,000 | 1,903,000 | 1,593,000 | 1,593,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,243,684,000 | 1,330,893,000 | 1,429,170,000 | 1,391,063,000 |
| Interest-bearing deposits | 860,122,000 | 915,487,000 | 986,196,000 | 980,898,000 |
| Noninterest-bearing deposits | 383,562,000 | 415,406,000 | 442,974,000 | 410,165,000 |
| Equity capital | 165,252,000 | 169,709,000 | 171,334,000 | 174,216,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 21,918,000 | 45,216,000 | 70,389,000 | 96,963,000 |
| Interest expense | 3,625,000 | 7,748,000 | 13,258,000 | 20,025,000 |
| Net interest income | 18,293,000 | 37,468,000 | 57,131,000 | 76,938,000 |
| Noninterest income | 2,729,000 | 5,826,000 | 10,164,000 | 13,285,000 |
| Noninterest expense | 8,385,000 | 17,092,000 | 26,632,000 | 34,667,000 |
| Provision for loan losses | 0 | -2,125,000 | -2,775,000 | -3,225,000 |
| Pretax income | 12,637,000 | 28,327,000 | 43,438,000 | 58,781,000 |
| Income tax | 4,814,000 | 10,875,000 | 16,661,000 | 22,522,000 |
| Net income | 7,823,000 | 17,452,000 | 26,777,000 | 36,259,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 131,450,000 | 135,404,000 | 137,690,000 | 141,149,000 |
| Total capital | 203,692,000 | 208,435,000 | 210,976,000 | 214,251,000 |
| Risk-weighted assets | 1,239,197,000 | 1,303,328,000 | 1,326,487,000 | 1,336,315,000 |