Call reports 2012
MERCANTILE BANK AND TRUST COMPANY — 2012
What MERCANTILE BANK AND TRUST COMPANY reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 |
|---|---|---|
| Total assets | 196,843,000 | 197,969,000 |
| Total loans | 183,884,000 | 187,976,000 |
| Allowance for loan losses | 1,760,000 | 1,835,000 |
| Securities available for sale | 0 | 0 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 167,109,000 | 168,690,000 |
| Interest-bearing deposits | 127,748,000 | 123,658,000 |
| Noninterest-bearing deposits | 39,361,000 | 45,032,000 |
| Equity capital | 20,841,000 | 21,256,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 |
|---|---|---|
| Interest income | 2,471,000 | 4,989,000 |
| Interest expense | 378,000 | 744,000 |
| Net interest income | 2,093,000 | 4,245,000 |
| Noninterest income | 116,000 | 253,000 |
| Noninterest expense | 1,347,000 | 2,591,000 |
| Provision for loan losses | 75,000 | 150,000 |
| Pretax income | 787,000 | 1,757,000 |
| Income tax | 314,000 | 702,000 |
| Net income | 473,000 | 1,055,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 |
|---|---|---|
| Tier 1 capital | 20,841,000 | 21,256,000 |
| Total capital | 22,601,000 | 23,091,000 |
| Risk-weighted assets | 169,181,000 | 171,019,000 |