Call reports 2013
M1 BANK — 2013
What M1 BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 21,861,000 | 20,513,000 | 20,212,000 | 19,994,000 |
| Total loans | 13,089,000 | 12,871,000 | 12,870,000 | 12,221,000 |
| Allowance for loan losses | 437,000 | 405,000 | 407,000 | 342,000 |
| Securities available for sale | 2,786,000 | 2,510,000 | 2,279,000 | 2,014,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,526,000 | 19,171,000 | 18,907,000 | 18,701,000 |
| Interest-bearing deposits | 17,331,000 | 16,159,000 | 15,699,000 | 15,547,000 |
| Noninterest-bearing deposits | 3,195,000 | 3,013,000 | 3,208,000 | 3,153,000 |
| Equity capital | 1,278,000 | 1,297,000 | 1,254,000 | 1,253,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 206,000 | 428,000 | 638,000 | 847,000 |
| Interest expense | 32,000 | 58,000 | 87,000 | 110,000 |
| Net interest income | 174,000 | 370,000 | 551,000 | 737,000 |
| Noninterest income | 24,000 | 15,000 | -6,000 | 9,000 |
| Noninterest expense | 232,000 | 454,000 | 664,000 | 853,000 |
| Provision for loan losses | 94,000 | 114,000 | 114,000 | 122,000 |
| Pretax income | -128,000 | -183,000 | -233,000 | -222,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -128,000 | -183,000 | -233,000 | -222,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,250,000 | 1,295,000 | 1,245,000 | 1,256,000 |
| Total capital | 1,425,000 | 1,462,000 | 1,409,000 | 1,415,000 |
| Risk-weighted assets | 13,723,000 | 13,087,000 | 12,905,000 | 12,542,000 |