Call reports 2013
PUTNAM 1ST MERCANTILE BANK — 2013
What PUTNAM 1ST MERCANTILE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 93,961,000 | 92,743,000 | 97,022,000 | 96,497,000 |
| Total loans | 67,847,000 | 68,467,000 | 70,282,000 | 72,161,000 |
| Allowance for loan losses | 1,238,000 | 1,232,000 | 1,282,000 | 1,174,000 |
| Securities available for sale | 18,271,000 | 18,334,000 | 17,925,000 | 17,498,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,514,000 | 81,962,000 | 85,948,000 | 85,526,000 |
| Interest-bearing deposits | 75,416,000 | 74,443,000 | 78,947,000 | 78,359,000 |
| Noninterest-bearing deposits | 7,098,000 | 7,519,000 | 7,000,000 | 7,167,000 |
| Equity capital | 11,098,000 | 10,343,000 | 10,601,000 | 10,608,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,051,000 | 2,085,000 | 3,215,000 | 4,305,000 |
| Interest expense | 263,000 | 515,000 | 760,000 | 1,007,000 |
| Net interest income | 788,000 | 1,570,000 | 2,455,000 | 3,298,000 |
| Noninterest income | 83,000 | 194,000 | 291,000 | 393,000 |
| Noninterest expense | 650,000 | 1,261,000 | 1,818,000 | 2,406,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 280,000 |
| Pretax income | 161,000 | 387,000 | 752,000 | 1,009,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 161,000 | 387,000 | 752,000 | 1,009,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,017,000 | 11,243,000 | 11,609,000 | 11,816,000 |
| Total capital | 11,904,000 | 12,139,000 | 12,530,000 | 12,748,000 |
| Risk-weighted assets | 70,615,000 | 71,368,000 | 73,353,000 | 74,369,000 |