Call reports 2012
M1 BANK — 2012
What M1 BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 21,962,000 | 21,759,000 | 21,662,000 | 21,527,000 |
| Total loans | 13,477,000 | 13,897,000 | 13,335,000 | 13,684,000 |
| Allowance for loan losses | 532,000 | 544,000 | 449,000 | 385,000 |
| Securities available for sale | 2,504,000 | 2,647,000 | 2,147,000 | 1,904,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,433,000 | 20,190,000 | 20,146,000 | 20,073,000 |
| Interest-bearing deposits | 17,229,000 | 16,652,000 | 16,630,000 | 16,572,000 |
| Noninterest-bearing deposits | 3,204,000 | 3,538,000 | 3,516,000 | 3,501,000 |
| Equity capital | 1,473,000 | 1,497,000 | 1,445,000 | 1,408,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 240,000 | 476,000 | 710,000 | 939,000 |
| Interest expense | 42,000 | 82,000 | 121,000 | 154,000 |
| Net interest income | 198,000 | 394,000 | 589,000 | 785,000 |
| Noninterest income | -25,000 | 2,000 | -57,000 | -38,000 |
| Noninterest expense | 199,000 | 396,000 | 577,000 | 802,000 |
| Provision for loan losses | 20,000 | 30,000 | 37,000 | 62,000 |
| Pretax income | -46,000 | -30,000 | -82,000 | -117,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -46,000 | -30,000 | -82,000 | -117,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,448,000 | 1,465,000 | 1,413,000 | 1,378,000 |
| Total capital | 1,621,000 | 1,649,000 | 1,593,000 | 1,557,000 |
| Risk-weighted assets | 13,504,000 | 14,389,000 | 14,125,000 | 14,128,000 |