Call reports 2020
PUTNAM 1ST MERCANTILE BANK — 2020
What PUTNAM 1ST MERCANTILE BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 128,593,000 | 140,862,000 | 144,243,000 | 143,991,000 |
| Total loans | 96,375,000 | 104,583,000 | 105,327,000 | 103,522,000 |
| Allowance for loan losses | 1,311,000 | 1,371,000 | 1,368,000 | 1,251,000 |
| Securities available for sale | 16,807,000 | 17,192,000 | 18,850,000 | 20,864,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 112,854,000 | 124,639,000 | 127,918,000 | 127,810,000 |
| Interest-bearing deposits | 94,073,000 | 97,763,000 | 101,640,000 | 100,033,000 |
| Noninterest-bearing deposits | 18,781,000 | 26,876,000 | 26,278,000 | 27,777,000 |
| Equity capital | 15,111,000 | 15,274,000 | 15,372,000 | 15,504,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 1,555,000 | 3,122,000 | 4,644,000 | 6,277,000 |
| Interest expense | 394,000 | 767,000 | 1,117,000 | 1,436,000 |
| Net interest income | 1,161,000 | 2,355,000 | 3,527,000 | 4,841,000 |
| Noninterest income | 135,000 | 255,000 | 438,000 | 590,000 |
| Noninterest expense | 742,000 | 1,501,000 | 2,273,000 | 3,033,000 |
| Provision for loan losses | 60,000 | 130,000 | 220,000 | 310,000 |
| Pretax income | 494,000 | 979,000 | 1,472,000 | 2,135,000 |
| Income tax | 32,000 | 63,000 | 95,000 | 139,000 |
| Net income | 462,000 | 916,000 | 1,377,000 | 1,996,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,935,000 | 15,039,000 | 15,149,000 | 15,419,000 |
| Total capital | 16,095,000 | — | — | — |
| Risk-weighted assets | 92,685,000 | — | — | — |
Machine access — free, no API key
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