Call reports 2001
MERCANTILE BANK AND TRUST COMPANY — 2001
What MERCANTILE BANK AND TRUST COMPANY 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 | 64,031,000 | 69,964,000 | 74,766,000 | 75,020,000 |
| Total loans | 43,360,000 | 44,097,000 | 45,925,000 | 46,606,000 |
| Allowance for loan losses | 1,388,000 | 1,383,000 | 1,378,000 | 1,278,000 |
| Securities available for sale | 14,296,000 | 16,237,000 | 20,932,000 | 20,504,000 |
| Securities held to maturity | 3,380,000 | 3,228,000 | 4,057,000 | 3,769,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 53,574,000 | 58,580,000 | 62,701,000 | 63,014,000 |
| Interest-bearing deposits | 46,879,000 | 49,963,000 | 53,846,000 | 54,568,000 |
| Noninterest-bearing deposits | 6,695,000 | 8,617,000 | 8,855,000 | 8,446,000 |
| Equity capital | 5,052,000 | 4,948,000 | 5,603,000 | 5,515,000 |
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 | 1,297,000 | 2,596,000 | 3,976,000 | 5,328,000 |
| Interest expense | 690,000 | 1,369,000 | 2,069,000 | 2,713,000 |
| Net interest income | 607,000 | 1,227,000 | 1,907,000 | 2,615,000 |
| Noninterest income | 50,000 | 111,000 | 186,000 | 228,000 |
| Noninterest expense | 634,000 | 1,304,000 | 2,014,000 | 2,723,000 |
| Provision for loan losses | -5,000 | -10,000 | -15,000 | -115,000 |
| Pretax income | 32,000 | 60,000 | 110,000 | 269,000 |
| Income tax | -1,000 | 1,000 | -109,000 | -142,000 |
| Net income | 33,000 | 59,000 | 219,000 | 411,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,986,000 | 5,013,000 | 5,172,000 | 5,364,000 |
| Total capital | 5,495,000 | 5,541,000 | 5,717,000 | 5,911,000 |
| Risk-weighted assets | 39,874,000 | 41,390,000 | 42,781,000 | 43,033,000 |