Call reports 2001
MERCANTILE NATIONAL BANK — 2001
What MERCANTILE NATIONAL BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 205,278,000 | 201,178,000 | 200,382,000 | 186,162,000 |
| Total loans | 106,170,000 | 105,583,000 | 103,555,000 | 116,724,000 |
| Allowance for loan losses | 2,452,000 | 2,363,000 | 2,901,000 | 2,829,000 |
| Securities available for sale | 60,348,000 | 49,231,000 | 42,615,000 | 26,067,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,040,000 | 146,596,000 | 163,150,000 | 161,008,000 |
| Interest-bearing deposits | 82,494,000 | 86,503,000 | 99,355,000 | 74,495,000 |
| Noninterest-bearing deposits | 61,546,000 | 60,093,000 | 63,795,000 | 86,513,000 |
| Equity capital | 18,677,000 | 18,954,000 | 19,613,000 | 13,099,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 3,775,000 | 7,137,000 | 10,343,000 | 13,041,000 |
| Interest expense | 1,304,000 | 2,336,000 | 3,265,000 | 3,843,000 |
| Net interest income | 2,471,000 | 4,801,000 | 7,078,000 | 9,198,000 |
| Noninterest income | 159,000 | 389,000 | 576,000 | 801,000 |
| Noninterest expense | 2,121,000 | 4,180,000 | 6,277,000 | 8,430,000 |
| Provision for loan losses | 0 | 0 | 450,000 | 450,000 |
| Pretax income | 559,000 | 1,156,000 | 1,165,000 | 1,491,000 |
| Income tax | 13,000 | 47,000 | 89,000 | 41,000 |
| Net income | 546,000 | 1,109,000 | 1,076,000 | 1,450,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,697,000 | 19,259,000 | 19,226,000 | 13,100,000 |
| Total capital | 20,240,000 | 20,824,000 | 20,746,000 | 14,675,000 |
| Risk-weighted assets | 122,496,000 | 124,409,000 | 120,234,000 | 124,780,000 |