Call reports 2026
PUTNAM 1ST MERCANTILE BANK — 2026
What PUTNAM 1ST MERCANTILE BANK reported to the FFIEC in 2026, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Total assets | 176,704,000 | 178,915,000 |
| Total loans | 142,971,000 | 148,798,000 |
| Allowance for loan losses | 2,272,000 | 2,142,000 |
| Securities available for sale | 24,943,000 | 24,759,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 158,348,000 | 159,820,000 |
| Interest-bearing deposits | 127,784,000 | 129,581,000 |
| Noninterest-bearing deposits | 30,564,000 | 30,239,000 |
| Equity capital | 16,524,000 | 17,045,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Interest income | 2,729,000 | 5,567,000 |
| Interest expense | 1,011,000 | 2,013,000 |
| Net interest income | 1,718,000 | 3,554,000 |
| Noninterest income | 146,000 | 316,000 |
| Noninterest expense | 926,000 | 1,874,000 |
| Provision for loan losses | 90,000 | -4,000 |
| Pretax income | 848,000 | 1,816,000 |
| Income tax | 55,000 | 118,000 |
| Net income | 793,000 | 1,698,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2026Q1 | 2026Q2 |
|---|---|---|
| Tier 1 capital | 20,761,000 | 21,266,000 |