Call reports 2006
MERCANTILE PENINSULA BANK — 2006
What MERCANTILE PENINSULA BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 1,791,765,000 | 1,792,197,000 | 1,807,196,000 | 1,788,826,000 |
| Total loans | 1,452,525,000 | 1,454,922,000 | 1,467,047,000 | 1,464,206,000 |
| Allowance for loan losses | 15,468,000 | 13,759,000 | 13,718,000 | 13,574,000 |
| Securities available for sale | 220,616,000 | 221,459,000 | 219,383,000 | 211,100,000 |
| Securities held to maturity | 1,578,000 | 828,000 | 373,000 | 373,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,416,245,000 | 1,448,117,000 | 1,504,606,000 | 1,456,508,000 |
| Interest-bearing deposits | 1,007,558,000 | 1,041,004,000 | 1,090,179,000 | 1,080,217,000 |
| Noninterest-bearing deposits | 408,687,000 | 407,113,000 | 414,427,000 | 376,291,000 |
| Equity capital | 176,335,000 | 179,548,000 | 183,600,000 | 186,834,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 27,549,000 | 57,091,000 | 87,416,000 | 118,214,000 |
| Interest expense | 7,841,000 | 16,802,000 | 26,315,000 | 36,687,000 |
| Net interest income | 19,708,000 | 40,289,000 | 61,101,000 | 81,527,000 |
| Noninterest income | 3,128,000 | 6,523,000 | 11,132,000 | 14,409,000 |
| Noninterest expense | 9,212,000 | 18,149,000 | 28,597,000 | 37,414,000 |
| Provision for loan losses | -944,000 | -2,669,000 | -2,669,000 | -2,669,000 |
| Pretax income | 14,568,000 | 31,332,000 | 46,305,000 | 61,191,000 |
| Income tax | 5,550,000 | 11,924,000 | 17,638,000 | 23,070,000 |
| Net income | 9,018,000 | 19,408,000 | 28,667,000 | 38,121,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 144,076,000 | 148,022,000 | 150,847,000 | 153,960,000 |
| Total capital | 217,188,000 | 219,360,000 | 222,454,000 | 225,423,000 |
| Risk-weighted assets | 1,391,524,000 | 1,396,872,000 | 1,405,887,000 | 1,410,884,000 |