Call reports 2002
MERCANTILE COUNTY BANK — 2002
What MERCANTILE COUNTY BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 348,225,000 | 351,141,000 | 377,783,000 | 375,644,000 |
| Total loans | 267,331,000 | 269,822,000 | 280,435,000 | 295,383,000 |
| Allowance for loan losses | 5,725,000 | 5,782,000 | 5,786,000 | 5,637,000 |
| Securities available for sale | 48,242,000 | 56,055,000 | 57,331,000 | 59,381,000 |
| Securities held to maturity | 851,000 | 851,000 | 851,000 | 1,349,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 293,828,000 | 299,418,000 | 321,174,000 | 314,307,000 |
| Interest-bearing deposits | 207,741,000 | 211,106,000 | 220,349,000 | 216,672,000 |
| Noninterest-bearing deposits | 86,087,000 | 88,312,000 | 100,825,000 | 97,635,000 |
| Equity capital | 41,255,000 | 42,121,000 | 43,293,000 | 43,911,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 5,405,000 | 10,965,000 | 16,530,000 | 22,190,000 |
| Interest expense | 1,188,000 | 2,323,000 | 3,476,000 | 4,586,000 |
| Net interest income | 4,217,000 | 8,642,000 | 13,054,000 | 17,604,000 |
| Noninterest income | 765,000 | 1,566,000 | 2,474,000 | 3,261,000 |
| Noninterest expense | 2,220,000 | 4,598,000 | 7,176,000 | 9,726,000 |
| Provision for loan losses | 120,000 | 240,000 | 240,000 | 240,000 |
| Pretax income | 2,642,000 | 5,370,000 | 8,112,000 | 10,899,000 |
| Income tax | 965,000 | 1,964,000 | 2,961,000 | 3,874,000 |
| Net income | 1,677,000 | 3,406,000 | 5,151,000 | 7,025,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,166,000 | 38,708,000 | 39,291,000 | 39,948,000 |
| Total capital | 41,222,000 | 41,769,000 | 42,516,000 | 43,310,000 |
| Risk-weighted assets | 241,835,000 | 242,199,000 | 255,435,000 | 266,695,000 |