Call reports 2003
MERCANTILE BANK TEXAS — 2003
What MERCANTILE BANK TEXAS 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 | 191,840,000 | 237,021,000 | 189,853,000 | 200,030,000 |
| Total loans | 120,075,000 | 127,551,000 | 135,182,000 | 144,617,000 |
| Allowance for loan losses | 1,211,000 | 1,293,000 | 1,385,000 | 1,453,000 |
| Securities available for sale | 25,402,000 | 20,993,000 | 18,887,000 | 22,921,000 |
| Securities held to maturity | 1,275,000 | 1,211,000 | 1,156,000 | 1,098,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 173,936,000 | 219,815,000 | 172,329,000 | 182,563,000 |
| Interest-bearing deposits | 103,204,000 | 103,665,000 | 111,433,000 | 110,819,000 |
| Noninterest-bearing deposits | 70,732,000 | 116,150,000 | 60,896,000 | 71,744,000 |
| Equity capital | 14,464,000 | 14,915,000 | 15,345,000 | 15,859,000 |
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 | 2,318,000 | 4,750,000 | 7,294,000 | 9,943,000 |
| Interest expense | 273,000 | 543,000 | 781,000 | 1,024,000 |
| Net interest income | 2,045,000 | 4,207,000 | 6,513,000 | 8,919,000 |
| Noninterest income | 239,000 | 497,000 | 795,000 | 1,113,000 |
| Noninterest expense | 1,526,000 | 3,187,000 | 4,878,000 | 6,657,000 |
| Provision for loan losses | 94,000 | 185,000 | 281,000 | 348,000 |
| Pretax income | 664,000 | 1,332,000 | 2,149,000 | 3,027,000 |
| Income tax | 219,000 | 441,000 | 714,000 | 1,028,000 |
| Net income | 445,000 | 891,000 | 1,435,000 | 1,999,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,092,000 | 14,548,000 | 15,092,000 | 15,656,000 |
| Total capital | 15,303,000 | 15,841,000 | 16,477,000 | 17,109,000 |
| Risk-weighted assets | 136,432,000 | 153,992,000 | 149,240,000 | 157,124,000 |