Call reports 2015
PUTNAM 1ST MERCANTILE BANK — 2015
What PUTNAM 1ST MERCANTILE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 115,920,000 | 116,622,000 | 117,572,000 | 117,598,000 |
| Total loans | 80,624,000 | 84,455,000 | 89,680,000 | 91,471,000 |
| Allowance for loan losses | 1,297,000 | 1,330,000 | 1,303,000 | 1,379,000 |
| Securities available for sale | 17,403,000 | 19,962,000 | 18,905,000 | 18,502,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,239,000 | 103,056,000 | 103,745,000 | 101,260,000 |
| Interest-bearing deposits | 91,853,000 | 90,648,000 | 89,961,000 | 87,940,000 |
| Noninterest-bearing deposits | 10,387,000 | 12,407,000 | 13,784,000 | 13,319,000 |
| Equity capital | 13,275,000 | 13,149,000 | 13,328,000 | 13,423,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 1,217,000 | 2,450,000 | 3,756,000 | 5,087,000 |
| Interest expense | 240,000 | 492,000 | 730,000 | 944,000 |
| Net interest income | 977,000 | 1,958,000 | 3,026,000 | 4,143,000 |
| Noninterest income | 108,000 | 209,000 | 317,000 | 455,000 |
| Noninterest expense | 742,000 | 1,483,000 | 2,241,000 | 3,001,000 |
| Provision for loan losses | 75,000 | 105,000 | 175,000 | 250,000 |
| Pretax income | 268,000 | 579,000 | 927,000 | 1,347,000 |
| Income tax | 102,000 | 222,000 | 356,000 | 514,000 |
| Net income | 166,000 | 357,000 | 571,000 | 833,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,328,000 | 13,519,000 | 13,420,000 | 13,683,000 |
| Total capital | 14,392,000 | 14,617,000 | 14,545,000 | 14,827,000 |
| Risk-weighted assets | 84,944,000 | 87,607,000 | 89,845,000 | 91,272,000 |