Call reports 2002
MERCANTILE BANK TEXAS — 2002
What MERCANTILE BANK TEXAS reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 158,094,000 | 155,244,000 | 182,412,000 | 182,854,000 |
| Total loans | 90,374,000 | 96,916,000 | 103,565,000 | 111,492,000 |
| Allowance for loan losses | 1,004,000 | 1,044,000 | 1,094,000 | 1,120,000 |
| Securities available for sale | 28,574,000 | 29,226,000 | 26,960,000 | 26,295,000 |
| Securities held to maturity | 2,756,000 | 2,621,000 | 2,487,000 | 1,408,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,320,000 | 139,805,000 | 166,155,000 | 167,979,000 |
| Interest-bearing deposits | 92,773,000 | 92,295,000 | 96,402,000 | 101,843,000 |
| Noninterest-bearing deposits | 51,547,000 | 47,510,000 | 69,753,000 | 66,136,000 |
| Equity capital | 12,509,000 | 13,027,000 | 13,623,000 | 14,021,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 2,062,000 | 4,215,000 | 6,518,000 | 8,837,000 |
| Interest expense | 407,000 | 783,000 | 1,153,000 | 1,478,000 |
| Net interest income | 1,655,000 | 3,432,000 | 5,365,000 | 7,359,000 |
| Noninterest income | 172,000 | 388,000 | 607,000 | 840,000 |
| Noninterest expense | 1,373,000 | 2,732,000 | 4,160,000 | 5,733,000 |
| Provision for loan losses | 50,000 | 98,000 | 148,000 | 173,000 |
| Pretax income | 404,000 | 990,000 | 1,664,000 | 2,293,000 |
| Income tax | 134,000 | 333,000 | 559,000 | 781,000 |
| Net income | 270,000 | 657,000 | 1,105,000 | 1,512,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,415,000 | 12,802,000 | 13,251,000 | 13,657,000 |
| Total capital | 13,419,000 | 13,846,000 | 14,345,000 | 14,777,000 |
| Risk-weighted assets | 104,503,000 | 112,874,000 | 123,868,000 | 130,292,000 |