Call reports 2009
PUTNAM 1ST MERCANTILE BANK — 2009
What PUTNAM 1ST MERCANTILE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 81,608,000 | 82,168,000 | 81,038,000 | 80,515,000 |
| Total loans | 57,159,000 | 59,378,000 | 60,271,000 | 59,837,000 |
| Allowance for loan losses | 716,000 | 756,000 | 757,000 | 792,000 |
| Securities available for sale | 16,523,000 | 14,920,000 | 15,155,000 | 13,611,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 70,813,000 | 72,142,000 | 70,827,000 | 70,376,000 |
| Interest-bearing deposits | 67,057,000 | 68,263,000 | 66,620,000 | 65,596,000 |
| Noninterest-bearing deposits | 3,756,000 | 3,879,000 | 4,207,000 | 4,779,000 |
| Equity capital | 10,141,000 | 9,455,000 | 9,655,000 | 9,607,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,042,000 | 2,100,000 | 3,223,000 | 4,347,000 |
| Interest expense | 551,000 | 1,072,000 | 1,558,000 | 1,996,000 |
| Net interest income | 491,000 | 1,028,000 | 1,665,000 | 2,351,000 |
| Noninterest income | 59,000 | 46,000 | 54,000 | 119,000 |
| Noninterest expense | 618,000 | 1,571,000 | 2,176,000 | 2,777,000 |
| Provision for loan losses | 1,059,000 | 1,375,000 | 1,403,000 | 1,462,000 |
| Pretax income | -1,031,000 | -1,755,000 | -1,679,000 | -1,585,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -1,031,000 | -1,755,000 | -1,679,000 | -1,585,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,128,000 | 9,407,000 | 9,549,000 | 9,644,000 |
| Total capital | 10,844,000 | 10,163,000 | 10,306,000 | 10,436,000 |
| Risk-weighted assets | 59,426,000 | 60,994,000 | 63,314,000 | 65,169,000 |