Call reports 2007
MERCANTILE NATIONAL BANK — 2007
What MERCANTILE NATIONAL BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 |
|---|---|
| Total assets | 287,139,000 |
| Total loans | 153,958,000 |
| Allowance for loan losses | 2,151,000 |
| Securities available for sale | 70,257,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 216,566,000 |
| Interest-bearing deposits | 164,659,000 |
| Noninterest-bearing deposits | 51,907,000 |
| Equity capital | 25,923,000 |
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 |
|---|---|
| Interest income | 4,854,000 |
| Interest expense | 1,953,000 |
| Net interest income | 2,901,000 |
| Noninterest income | 118,000 |
| Noninterest expense | 2,048,000 |
| Provision for loan losses | -200,000 |
| Pretax income | 1,171,000 |
| Income tax | 498,000 |
| Net income | 673,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 |
|---|---|
| Tier 1 capital | 26,383,000 |
| Total capital | 28,782,000 |
| Risk-weighted assets | 199,644,000 |