Call reports 2012
PUTNAM 1ST MERCANTILE BANK — 2012
What PUTNAM 1ST MERCANTILE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 90,884,000 | 92,661,000 | 93,069,000 | 96,679,000 |
| Total loans | 59,881,000 | 61,079,000 | 62,377,000 | 69,972,000 |
| Allowance for loan losses | 1,001,000 | 1,025,000 | 1,080,000 | 1,173,000 |
| Securities available for sale | 20,737,000 | 23,686,000 | 23,166,000 | 16,939,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,159,000 | 81,503,000 | 81,591,000 | 85,359,000 |
| Interest-bearing deposits | 74,075,000 | 74,833,000 | 74,514,000 | 75,307,000 |
| Noninterest-bearing deposits | 6,083,000 | 6,671,000 | 7,077,000 | 10,051,000 |
| Equity capital | 10,296,000 | 10,734,000 | 11,076,000 | 11,009,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,066,000 | 2,114,000 | 3,128,000 | 4,159,000 |
| Interest expense | 321,000 | 624,000 | 906,000 | 1,177,000 |
| Net interest income | 745,000 | 1,490,000 | 2,222,000 | 2,982,000 |
| Noninterest income | 101,000 | 185,000 | 275,000 | 368,000 |
| Noninterest expense | 647,000 | 1,275,000 | 1,916,000 | 2,513,000 |
| Provision for loan losses | 50,000 | 80,000 | 110,000 | 260,000 |
| Pretax income | 201,000 | 388,000 | 539,000 | 732,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 201,000 | 388,000 | 539,000 | 732,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,293,000 | 10,483,000 | 10,661,000 | 10,856,000 |
| Total capital | 11,109,000 | 11,316,000 | 11,489,000 | 11,762,000 |
| Risk-weighted assets | 65,079,000 | 66,444,000 | 65,971,000 | 72,207,000 |