Call reports 2004
MERCANTILE BANK TEXAS — 2004
What MERCANTILE BANK TEXAS reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 |
|---|---|---|
| Total assets | 207,850,000 | 212,675,000 |
| Total loans | 146,294,000 | 151,077,000 |
| Allowance for loan losses | 1,687,000 | 2,171,000 |
| Securities available for sale | 20,699,000 | 19,868,000 |
| Securities held to maturity | 1,075,000 | 1,048,000 |
| Trading assets | 0 | 0 |
| Total deposits | 189,360,000 | 194,727,000 |
| Interest-bearing deposits | 112,578,000 | 117,567,000 |
| Noninterest-bearing deposits | 76,782,000 | 77,160,000 |
| Equity capital | 16,431,000 | 16,491,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 |
|---|---|---|
| Interest income | 2,630,000 | 5,313,000 |
| Interest expense | 236,000 | 481,000 |
| Net interest income | 2,394,000 | 4,832,000 |
| Noninterest income | 319,000 | 655,000 |
| Noninterest expense | 1,721,000 | 3,479,000 |
| Provision for loan losses | 233,000 | 833,000 |
| Pretax income | 759,000 | 1,175,000 |
| Income tax | 221,000 | 355,000 |
| Net income | 538,000 | 820,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 |
|---|---|---|
| Tier 1 capital | 16,194,000 | 16,476,000 |
| Total capital | 17,881,000 | 18,531,000 |
| Risk-weighted assets | 159,943,000 | 164,313,000 |