Call reports 2007
MERCANTILE PENINSULA BANK — 2007
What MERCANTILE PENINSULA BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Total assets | 1,862,840,000 | 1,882,330,000 |
| Total loans | 1,459,329,000 | 1,420,398,000 |
| Allowance for loan losses | 13,526,000 | 10,994,000 |
| Securities available for sale | 235,156,000 | 220,099,000 |
| Securities held to maturity | 384,000 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 1,546,608,000 | 1,543,245,000 |
| Interest-bearing deposits | 1,194,652,000 | 1,157,932,000 |
| Noninterest-bearing deposits | 351,956,000 | 385,313,000 |
| Equity capital | 189,593,000 | 197,778,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Interest income | 30,803,000 | 62,350,000 |
| Interest expense | 11,000,000 | 21,934,000 |
| Net interest income | 19,803,000 | 40,416,000 |
| Noninterest income | 3,891,000 | 7,676,000 |
| Noninterest expense | 8,562,000 | 17,060,000 |
| Provision for loan losses | 0 | -1,000,000 |
| Pretax income | 15,132,000 | 32,105,000 |
| Income tax | 5,720,000 | 12,210,000 |
| Net income | 9,412,000 | 19,895,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 |
|---|---|---|
| Tier 1 capital | 157,283,000 | 167,685,000 |
| Total capital | 228,598,000 | 236,283,000 |
| Risk-weighted assets | 1,466,216,000 | 1,443,683,000 |