Call reports 2006
MERCANTILE BANK AND TRUST COMPANY — 2006
What MERCANTILE BANK AND TRUST COMPANY reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 121,390,000 | 128,183,000 | 123,755,000 | 134,702,000 |
| Total loans | 90,571,000 | 94,029,000 | 94,166,000 | 100,819,000 |
| Allowance for loan losses | 1,228,000 | 1,227,000 | 1,227,000 | 1,184,000 |
| Securities available for sale | 16,597,000 | 15,398,000 | 22,687,000 | 20,893,000 |
| Securities held to maturity | 111,000 | 105,000 | 100,000 | 97,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 104,235,000 | 111,054,000 | 106,442,000 | 117,530,000 |
| Interest-bearing deposits | 89,062,000 | 96,473,000 | 81,695,000 | 86,338,000 |
| Noninterest-bearing deposits | 15,173,000 | 14,581,000 | 24,747,000 | 31,192,000 |
| Equity capital | 8,146,000 | 8,300,000 | 8,571,000 | 8,699,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,690,000 | 3,543,000 | 5,531,000 | 7,552,000 |
| Interest expense | 748,000 | 1,583,000 | 2,489,000 | 3,478,000 |
| Net interest income | 942,000 | 1,960,000 | 3,042,000 | 4,074,000 |
| Noninterest income | 141,000 | 317,000 | 517,000 | 693,000 |
| Noninterest expense | 1,040,000 | 2,029,000 | 3,063,000 | 4,045,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 43,000 | 248,000 | 496,000 | 722,000 |
| Income tax | 10,000 | 86,000 | 177,000 | 259,000 |
| Net income | 33,000 | 162,000 | 319,000 | 463,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,503,000 | 7,675,000 | 7,943,000 | 8,224,000 |
| Total capital | 8,567,000 | 8,772,000 | 9,051,000 | 9,408,000 |
| Risk-weighted assets | 84,931,000 | 87,666,000 | 88,551,000 | 95,633,000 |