Call report 2016Q1
MERCANTILE BANK — 2016Q1
The 22 measures MERCANTILE BANK reported to the FFIEC for 2016Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 429,381,000 | USD | evidence → |
| Total loans | 329,347,000 | USD | evidence → |
| Allowance for loan losses | 2,861,000 | USD | evidence → |
| Securities available for sale | 54,574,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 325,099,000 | USD | evidence → |
| Interest-bearing deposits | 270,513,000 | USD | evidence → |
| Noninterest-bearing deposits | 54,586,000 | USD | evidence → |
| Equity capital | 45,637,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 3,944,000 | USD | evidence → |
| Interest expense | 449,000 | USD | evidence → |
| Net interest income | 3,495,000 | USD | evidence → |
| Noninterest income | 1,277,000 | USD | evidence → |
| Noninterest expense | 2,909,000 | USD | evidence → |
| Provision for loan losses | 233,000 | USD | evidence → |
| Pretax income | 1,630,000 | USD | evidence → |
| Income tax | 34,000 | USD | evidence → |
| Net income | 1,596,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 40,605,000 | USD | evidence → |
| Total capital | 43,586,000 | USD | evidence → |
| Risk-weighted assets | 349,341,000 | USD | evidence → |