Call reports 2001
MERCANTILE COUNTY BANK — 2001
What MERCANTILE COUNTY BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 324,654,000 | 327,490,000 | 329,727,000 | 333,837,000 |
| Total loans | 273,367,000 | 273,038,000 | 269,278,000 | 269,373,000 |
| Allowance for loan losses | 5,200,000 | 5,338,000 | 5,526,000 | 5,632,000 |
| Securities available for sale | 36,606,000 | 36,546,000 | 36,114,000 | 48,503,000 |
| Securities held to maturity | 652,000 | 852,000 | 852,000 | 852,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 275,079,000 | 280,517,000 | 281,721,000 | 289,679,000 |
| Interest-bearing deposits | 198,175,000 | 201,820,000 | 202,680,000 | 202,239,000 |
| Noninterest-bearing deposits | 76,904,000 | 78,697,000 | 79,041,000 | 87,440,000 |
| Equity capital | 36,433,000 | 36,882,000 | 37,625,000 | 38,063,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 6,208,000 | 12,337,000 | 18,334,000 | 24,099,000 |
| Interest expense | 2,223,000 | 4,227,000 | 6,006,000 | 7,497,000 |
| Net interest income | 3,985,000 | 8,110,000 | 12,328,000 | 16,602,000 |
| Noninterest income | 709,000 | 1,421,000 | 2,146,000 | 2,895,000 |
| Noninterest expense | 2,230,000 | 4,505,000 | 6,757,000 | 8,962,000 |
| Provision for loan losses | 150,000 | 300,000 | 450,000 | 683,000 |
| Pretax income | 2,314,000 | 4,726,000 | 7,267,000 | 9,852,000 |
| Income tax | 824,000 | 1,685,000 | 2,599,000 | 3,539,000 |
| Net income | 1,490,000 | 3,041,000 | 4,668,000 | 6,313,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,247,000 | 36,705,000 | 37,193,000 | 37,726,000 |
| Total capital | 39,287,000 | 39,753,000 | 40,221,000 | 40,735,000 |
| Risk-weighted assets | 241,041,000 | 241,577,000 | 239,750,000 | 238,129,000 |