Call reports 2005
MERCANTILE BANK AND TRUST COMPANY — 2005
What MERCANTILE BANK AND TRUST COMPANY 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 | 110,275,000 | 114,507,000 | 117,461,000 | 118,837,000 |
| Total loans | 78,553,000 | 81,756,000 | 88,919,000 | 87,057,000 |
| Allowance for loan losses | 1,209,000 | 1,227,000 | 1,227,000 | 1,228,000 |
| Securities available for sale | 21,010,000 | 19,586,000 | 18,558,000 | 17,360,000 |
| Securities held to maturity | 196,000 | 133,000 | 119,000 | 115,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 97,059,000 | 103,103,000 | 100,216,000 | 102,366,000 |
| Interest-bearing deposits | 83,497,000 | 86,919,000 | 84,776,000 | 87,054,000 |
| Noninterest-bearing deposits | 13,562,000 | 16,184,000 | 15,440,000 | 15,312,000 |
| Equity capital | 7,804,000 | 7,979,000 | 8,032,000 | 8,139,000 |
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 | 1,494,000 | 3,083,000 | 4,746,000 | 6,494,000 |
| Interest expense | 512,000 | 1,050,000 | 1,660,000 | 2,347,000 |
| Net interest income | 982,000 | 2,033,000 | 3,086,000 | 4,147,000 |
| Noninterest income | 135,000 | 280,000 | 414,000 | 543,000 |
| Noninterest expense | 1,007,000 | 2,024,000 | 3,019,000 | 4,006,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 110,000 | 289,000 | 481,000 | 684,000 |
| Income tax | 39,000 | 105,000 | 177,000 | 253,000 |
| Net income | 71,000 | 184,000 | 304,000 | 431,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,526,000 | 7,732,000 | 7,905,000 | 7,466,000 |
| Total capital | 8,439,000 | 8,701,000 | 8,943,000 | 8,482,000 |
| Risk-weighted assets | 72,707,000 | 77,259,000 | 82,815,000 | 81,032,000 |