Call reports 2004
MERCANTILE COUNTY BANK — 2004
What MERCANTILE COUNTY BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 406,140,000 | 414,487,000 | 823,851,000 | 834,747,000 |
| Total loans | 319,036,000 | 332,548,000 | 665,050,000 | 687,547,000 |
| Allowance for loan losses | 5,375,000 | 5,349,000 | 9,438,000 | 9,357,000 |
| Securities available for sale | 62,932,000 | 61,130,000 | 113,046,000 | 110,540,000 |
| Securities held to maturity | 1,439,000 | 1,329,000 | 1,794,000 | 1,759,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 336,262,000 | 340,987,000 | 652,412,000 | 672,122,000 |
| Interest-bearing deposits | 227,880,000 | 228,128,000 | 440,171,000 | 453,853,000 |
| Noninterest-bearing deposits | 108,382,000 | 112,859,000 | 212,241,000 | 218,269,000 |
| Equity capital | 41,858,000 | 40,912,000 | 75,748,000 | 76,580,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 5,571,000 | 11,200,000 | 32,737,000 | 44,374,000 |
| Interest expense | 1,006,000 | 1,978,000 | 5,443,000 | 7,417,000 |
| Net interest income | 4,565,000 | 9,222,000 | 27,294,000 | 36,957,000 |
| Noninterest income | 800,000 | 1,776,000 | 4,328,000 | 5,867,000 |
| Noninterest expense | 2,616,000 | 5,262,000 | 14,568,000 | 19,577,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 2,749,000 | 5,736,000 | 17,054,000 | 23,247,000 |
| Income tax | 1,002,000 | 2,104,000 | 6,396,000 | 8,786,000 |
| Net income | 1,747,000 | 3,632,000 | 10,658,000 | 14,461,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,998,000 | 37,043,000 | 71,022,000 | 72,105,000 |
| Total capital | 56,608,000 | 56,793,000 | 108,353,000 | 109,669,000 |
| Risk-weighted assets | 295,156,000 | 306,521,000 | 632,294,000 | 651,245,000 |