Call reports 2004
MERCANTILE NATIONAL BANK — 2004
What MERCANTILE NATIONAL 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 | 208,584,000 | 224,164,000 | 228,501,000 | 217,092,000 |
| Total loans | 129,304,000 | 137,667,000 | 141,691,000 | 152,261,000 |
| Allowance for loan losses | 1,981,000 | 2,039,000 | 2,110,000 | 2,140,000 |
| Securities available for sale | 27,116,000 | 37,614,000 | 31,089,000 | 29,692,000 |
| Securities held to maturity | 2,282,000 | 2,123,000 | 2,011,000 | 1,881,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 183,767,000 | 190,605,000 | 184,614,000 | 171,191,000 |
| Interest-bearing deposits | 95,526,000 | 104,829,000 | 99,355,000 | 93,694,000 |
| Noninterest-bearing deposits | 88,241,000 | 85,776,000 | 85,259,000 | 77,497,000 |
| Equity capital | 21,652,000 | 21,695,000 | 22,711,000 | 22,774,000 |
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 | 2,179,000 | 4,472,000 | 7,386,000 | 10,227,000 |
| Interest expense | 176,000 | 392,000 | 616,000 | 845,000 |
| Net interest income | 2,003,000 | 4,080,000 | 6,770,000 | 9,382,000 |
| Noninterest income | 219,000 | 442,000 | 670,000 | 865,000 |
| Noninterest expense | 1,792,000 | 3,706,000 | 5,599,000 | 7,754,000 |
| Provision for loan losses | 0 | 0 | 45,000 | 95,000 |
| Pretax income | 446,000 | 833,000 | 1,717,000 | 2,201,000 |
| Income tax | 183,000 | 342,000 | 719,000 | 930,000 |
| Net income | 263,000 | 491,000 | 998,000 | 1,271,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,956,000 | 16,033,000 | 18,360,000 | 19,375,000 |
| Total capital | 17,824,000 | 18,000,000 | 20,455,000 | 21,515,000 |
| Risk-weighted assets | 149,297,000 | 157,321,000 | 167,564,000 | 185,535,000 |