Call reports 2006
MERCANTILE COUNTY BANK — 2006
What MERCANTILE COUNTY BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 939,070,000 | 951,417,000 | 979,539,000 | 1,003,427,000 |
| Total loans | 785,084,000 | 799,025,000 | 826,144,000 | 856,851,000 |
| Allowance for loan losses | 9,344,000 | 7,209,000 | 6,993,000 | 6,887,000 |
| Securities available for sale | 112,524,000 | 107,459,000 | 109,017,000 | 103,019,000 |
| Securities held to maturity | 1,670,000 | 1,670,000 | 1,330,000 | 1,330,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 749,083,000 | 756,468,000 | 759,689,000 | 776,856,000 |
| Interest-bearing deposits | 528,834,000 | 532,086,000 | 549,746,000 | 568,775,000 |
| Noninterest-bearing deposits | 220,249,000 | 224,382,000 | 209,943,000 | 208,081,000 |
| Equity capital | 81,963,000 | 84,344,000 | 86,316,000 | 88,210,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 14,201,000 | 28,774,000 | 43,890,000 | 59,602,000 |
| Interest expense | 4,036,000 | 8,411,000 | 13,474,000 | 19,155,000 |
| Net interest income | 10,165,000 | 20,363,000 | 30,416,000 | 40,447,000 |
| Noninterest income | 1,489,000 | 3,111,000 | 4,852,000 | 6,520,000 |
| Noninterest expense | 4,864,000 | 9,601,000 | 14,568,000 | 19,279,000 |
| Provision for loan losses | -200,000 | -2,284,000 | -2,284,000 | -2,284,000 |
| Pretax income | 6,990,000 | 16,157,000 | 22,984,000 | 29,972,000 |
| Income tax | 2,651,000 | 6,160,000 | 8,810,000 | 11,041,000 |
| Net income | 4,339,000 | 9,997,000 | 14,174,000 | 18,931,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 78,840,000 | 81,471,000 | 82,794,000 | 84,545,000 |
| Total capital | 117,345,000 | 118,289,000 | 119,526,000 | 121,171,000 |
| Risk-weighted assets | 727,945,000 | 732,072,000 | 753,143,000 | 775,245,000 |