Call reports 2011
PUTNAM 1ST MERCANTILE BANK — 2011
What PUTNAM 1ST MERCANTILE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 88,365,000 | 89,118,000 | 91,444,000 | 88,614,000 |
| Total loans | 61,630,000 | 63,971,000 | 64,236,000 | 60,779,000 |
| Allowance for loan losses | 779,000 | 832,000 | 894,000 | 953,000 |
| Securities available for sale | 18,521,000 | 15,199,000 | 18,369,000 | 18,362,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 78,172,000 | 78,778,000 | 80,584,000 | 77,961,000 |
| Interest-bearing deposits | 73,353,000 | 74,068,000 | 75,242,000 | 71,960,000 |
| Noninterest-bearing deposits | 4,819,000 | 4,710,000 | 5,342,000 | 6,000,000 |
| Equity capital | 9,531,000 | 9,912,000 | 10,392,000 | 10,246,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 1,116,000 | 2,250,000 | 3,412,000 | 4,518,000 |
| Interest expense | 349,000 | 690,000 | 1,032,000 | 1,367,000 |
| Net interest income | 767,000 | 1,560,000 | 2,380,000 | 3,151,000 |
| Noninterest income | 71,000 | 131,000 | 209,000 | 310,000 |
| Noninterest expense | 783,000 | 1,507,000 | 2,226,000 | 3,003,000 |
| Provision for loan losses | 20,000 | 101,000 | 166,000 | 366,000 |
| Pretax income | 53,000 | 103,000 | 217,000 | 112,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 53,000 | 103,000 | 217,000 | 112,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,048,000 | 10,101,000 | 10,217,000 | 10,089,000 |
| Total capital | 10,827,000 | 10,933,000 | 11,096,000 | 10,912,000 |
| Risk-weighted assets | 67,495,000 | 69,523,000 | 70,309,000 | 65,722,000 |