Call reports 2004
MERCANTILE BANK AND TRUST COMPANY — 2004
What MERCANTILE BANK AND TRUST COMPANY 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 | 102,030,000 | 107,509,000 | 105,661,000 | 106,208,000 |
| Total loans | 65,063,000 | 72,924,000 | 76,215,000 | 78,352,000 |
| Allowance for loan losses | 1,168,000 | 1,208,000 | 1,209,000 | 1,208,000 |
| Securities available for sale | 26,019,000 | 22,631,000 | 21,218,000 | 21,143,000 |
| Securities held to maturity | 445,000 | 323,000 | 271,000 | 250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 88,066,000 | 92,733,000 | 91,609,000 | 90,486,000 |
| Interest-bearing deposits | 78,609,000 | 82,530,000 | 80,945,000 | 81,237,000 |
| Noninterest-bearing deposits | 9,457,000 | 10,203,000 | 10,664,000 | 9,249,000 |
| Equity capital | 6,773,000 | 6,612,000 | 6,900,000 | 7,827,000 |
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 | 1,282,000 | 2,655,000 | 4,109,000 | 5,631,000 |
| Interest expense | 447,000 | 893,000 | 1,363,000 | 1,841,000 |
| Net interest income | 835,000 | 1,762,000 | 2,746,000 | 3,790,000 |
| Noninterest income | 100,000 | 223,000 | 343,000 | 455,000 |
| Noninterest expense | 933,000 | 1,872,000 | 2,812,000 | 3,946,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,000 | 112,000 | 276,000 | 298,000 |
| Income tax | 2,000 | 2,000 | 4,000 | -833,000 |
| Net income | 0 | 110,000 | 272,000 | 1,131,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,826,000 | 6,826,000 | 7,069,000 | 7,408,000 |
| Total capital | 7,600,000 | 7,672,000 | 7,940,000 | 8,310,000 |
| Risk-weighted assets | 61,490,000 | 67,340,000 | 69,354,000 | 71,882,000 |