Call reports 2015
M1 BANK — 2015
What M1 BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 20,550,000 | 19,909,000 | 19,691,000 | 22,051,000 |
| Total loans | 10,336,000 | 9,580,000 | 9,149,000 | 9,389,000 |
| Allowance for loan losses | 307,000 | 232,000 | 237,000 | 10,000 |
| Securities available for sale | 3,271,000 | 2,763,000 | 2,013,000 | 1,758,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,409,000 | 18,759,000 | 18,532,000 | 19,671,000 |
| Interest-bearing deposits | 15,758,000 | 15,178,000 | 15,182,000 | 15,765,000 |
| Noninterest-bearing deposits | 3,651,000 | 3,581,000 | 3,350,000 | 3,906,000 |
| Equity capital | 1,104,000 | 1,102,000 | 1,098,000 | 2,272,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 177,000 | 350,000 | 516,000 | 97,000 |
| Interest expense | 19,000 | 35,000 | 53,000 | 11,000 |
| Net interest income | 158,000 | 315,000 | 463,000 | 86,000 |
| Noninterest income | -16,000 | 10,000 | 25,000 | 34,000 |
| Noninterest expense | 169,000 | 343,000 | 512,000 | 96,000 |
| Provision for loan losses | 20,000 | 25,000 | 25,000 | 10,000 |
| Pretax income | -47,000 | -43,000 | -49,000 | 14,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -47,000 | -43,000 | -49,000 | 14,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,092,000 | 1,096,000 | 1,090,000 | 2,267,000 |
| Total capital | 1,231,000 | 1,226,000 | 1,216,000 | 2,277,000 |
| Risk-weighted assets | 10,964,000 | 10,392,000 | 10,019,000 | 8,814,000 |