Call reports 2011
M1 BANK — 2011
What M1 BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 22,390,000 | 21,550,000 | 21,239,000 | 21,234,000 |
| Total loans | 14,455,000 | 14,228,000 | 14,049,000 | 13,975,000 |
| Allowance for loan losses | 522,000 | 532,000 | 531,000 | 510,000 |
| Securities available for sale | 2,094,000 | 1,897,000 | 1,858,000 | 2,108,000 |
| Securities held to maturity | 250,000 | 250,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,944,000 | 20,066,000 | 19,617,000 | 19,670,000 |
| Interest-bearing deposits | 15,762,000 | 16,696,000 | 16,187,000 | 16,362,000 |
| Noninterest-bearing deposits | 5,182,000 | 3,370,000 | 3,430,000 | 3,308,000 |
| Equity capital | 1,385,000 | 1,430,000 | 1,558,000 | 1,514,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 262,000 | 524,000 | 783,000 | 1,047,000 |
| Interest expense | 60,000 | 112,000 | 159,000 | 203,000 |
| Net interest income | 202,000 | 412,000 | 624,000 | 844,000 |
| Noninterest income | 18,000 | 42,000 | 69,000 | 35,000 |
| Noninterest expense | 210,000 | 415,000 | 634,000 | 860,000 |
| Provision for loan losses | 0 | 36,000 | 36,000 | 36,000 |
| Pretax income | 10,000 | 3,000 | 23,000 | -17,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 10,000 | 3,000 | 23,000 | -17,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,422,000 | 1,415,000 | 1,535,000 | 1,495,000 |
| Total capital | 1,611,000 | 1,602,000 | 1,718,000 | 1,677,000 |
| Risk-weighted assets | 14,817,000 | 14,640,000 | 14,268,000 | 14,227,000 |