Call reports 2005
MERCANTILE NATIONAL BANK — 2005
What MERCANTILE NATIONAL 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 | 205,077,000 | 220,754,000 | 236,160,000 | 246,074,000 |
| Total loans | 154,460,000 | 150,506,000 | 154,678,000 | 152,559,000 |
| Allowance for loan losses | 2,192,000 | 2,302,000 | 2,297,000 | 2,274,000 |
| Securities available for sale | 28,821,000 | 36,476,000 | 47,579,000 | 56,525,000 |
| Securities held to maturity | 1,764,000 | 1,649,000 | 1,523,000 | 1,432,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 178,137,000 | 194,650,000 | 203,184,000 | 201,012,000 |
| Interest-bearing deposits | 129,977,000 | 130,622,000 | 151,289,000 | 156,654,000 |
| Noninterest-bearing deposits | 48,160,000 | 64,028,000 | 51,895,000 | 44,358,000 |
| Equity capital | 22,857,000 | 23,917,000 | 24,614,000 | 25,124,000 |
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 | 3,133,000 | 6,345,000 | 9,851,000 | 13,730,000 |
| Interest expense | 271,000 | 551,000 | 981,000 | 1,720,000 |
| Net interest income | 2,862,000 | 5,794,000 | 8,870,000 | 12,010,000 |
| Noninterest income | 160,000 | 312,000 | 453,000 | 587,000 |
| Noninterest expense | 1,929,000 | 3,860,000 | 5,901,000 | 7,854,000 |
| Provision for loan losses | 51,000 | 51,000 | -819,000 | -819,000 |
| Pretax income | 1,042,000 | 2,195,000 | 4,241,000 | 5,562,000 |
| Income tax | 433,000 | 911,000 | 1,760,000 | 2,310,000 |
| Net income | 609,000 | 1,284,000 | 2,481,000 | 3,252,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,984,000 | 22,013,000 | 23,777,000 | 24,811,000 |
| Total capital | 22,176,000 | 24,211,000 | 26,004,000 | 27,097,000 |
| Risk-weighted assets | 175,500,000 | 175,733,000 | 177,955,000 | 182,543,000 |