Call reports 2018
PUTNAM 1ST MERCANTILE BANK — 2018
What PUTNAM 1ST MERCANTILE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 125,554,000 | 123,146,000 | 123,573,000 | 120,606,000 |
| Total loans | 101,335,000 | 100,087,000 | 98,229,000 | 99,178,000 |
| Allowance for loan losses | 1,335,000 | 1,359,000 | 1,227,000 | 1,115,000 |
| Securities available for sale | 14,270,000 | 14,925,000 | 16,969,000 | 15,470,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,952,000 | 109,432,000 | 109,750,000 | 106,467,000 |
| Interest-bearing deposits | 99,285,000 | 96,508,000 | 95,299,000 | 92,785,000 |
| Noninterest-bearing deposits | 12,666,000 | 12,924,000 | 14,452,000 | 13,682,000 |
| Equity capital | 13,104,000 | 13,163,000 | 13,149,000 | 13,485,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,474,000 | 2,940,000 | 4,499,000 | 6,030,000 |
| Interest expense | 279,000 | 593,000 | 924,000 | 1,263,000 |
| Net interest income | 1,195,000 | 2,347,000 | 3,575,000 | 4,767,000 |
| Noninterest income | 129,000 | 299,000 | 417,000 | 538,000 |
| Noninterest expense | 741,000 | 1,478,000 | 2,209,000 | 2,925,000 |
| Provision for loan losses | 45,000 | 90,000 | 150,000 | 410,000 |
| Pretax income | 538,000 | 1,078,000 | 1,633,000 | 1,970,000 |
| Income tax | 33,000 | 67,000 | 106,000 | 122,000 |
| Net income | 505,000 | 1,011,000 | 1,527,000 | 1,848,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,800,000 | 13,881,000 | 13,972,000 | 14,068,000 |
| Total capital | 15,042,000 | 15,093,000 | 15,159,000 | 15,183,000 |
| Risk-weighted assets | 99,299,000 | 96,786,000 | 94,915,000 | 94,454,000 |