Call reports 2003
MERCANTILE NATIONAL BANK OF INDIANA — 2003
What MERCANTILE NATIONAL BANK OF INDIANA reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 735,104,000 | 745,362,000 | 747,484,000 | 789,263,000 |
| Total loans | 524,262,000 | 541,871,000 | 535,092,000 | 528,956,000 |
| Allowance for loan losses | 5,714,000 | 5,813,000 | 5,706,000 | 5,357,000 |
| Securities available for sale | 80,236,000 | 76,425,000 | 72,795,000 | 78,390,000 |
| Securities held to maturity | 24,827,000 | 23,712,000 | 22,722,000 | 20,794,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 585,886,000 | 595,336,000 | 598,586,000 | 641,096,000 |
| Interest-bearing deposits | 531,974,000 | 534,674,000 | 554,941,000 | 592,152,000 |
| Noninterest-bearing deposits | 53,912,000 | 60,662,000 | 43,645,000 | 48,944,000 |
| Equity capital | 69,340,000 | 70,754,000 | 70,846,000 | 70,197,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 8,928,000 | 17,790,000 | 26,773,000 | 35,516,000 |
| Interest expense | 2,630,000 | 5,118,000 | 7,475,000 | 9,769,000 |
| Net interest income | 6,298,000 | 12,672,000 | 19,298,000 | 25,747,000 |
| Noninterest income | 3,519,000 | 7,262,000 | 11,023,000 | 14,760,000 |
| Noninterest expense | 7,347,000 | 14,481,000 | 21,667,000 | 28,610,000 |
| Provision for loan losses | 525,000 | 1,050,000 | 2,150,000 | 2,492,000 |
| Pretax income | 1,946,000 | 4,410,000 | 6,517,000 | 9,432,000 |
| Income tax | 619,000 | 1,426,000 | 2,094,000 | 3,280,000 |
| Net income | 1,327,000 | 2,984,000 | 4,423,000 | 6,152,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 66,738,000 | 67,891,000 | 68,609,000 | 68,274,000 |
| Total capital | 72,671,000 | 73,931,000 | 74,546,000 | 73,856,000 |
| Risk-weighted assets | 586,212,000 | 595,970,000 | 588,925,000 | 596,774,000 |