Call reports 2011
WEST MICHIGAN BANK & TRUST — 2011
What WEST MICHIGAN BANK & TRUST 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 | 38,688,000 | 39,591,000 | 40,111,000 | 41,632,000 |
| Total loans | 7,185,000 | 7,040,000 | 6,885,000 | 6,589,000 |
| Allowance for loan losses | 191,000 | 191,000 | 191,000 | 191,000 |
| Securities available for sale | 27,523,000 | 26,852,000 | 23,355,000 | 28,297,000 |
| Securities held to maturity | 530,000 | 495,000 | 495,000 | 495,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,250,000 | 31,790,000 | 32,003,000 | 33,541,000 |
| Interest-bearing deposits | 29,774,000 | 30,142,000 | 30,080,000 | 30,869,000 |
| Noninterest-bearing deposits | 1,476,000 | 1,648,000 | 1,923,000 | 2,672,000 |
| Equity capital | 7,353,000 | 7,698,000 | 8,030,000 | 8,013,000 |
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 | 306,000 | 600,000 | 882,000 | 1,136,000 |
| Interest expense | 31,000 | 62,000 | 93,000 | 121,000 |
| Net interest income | 275,000 | 538,000 | 789,000 | 1,015,000 |
| Noninterest income | 68,000 | 135,000 | 210,000 | 277,000 |
| Noninterest expense | 292,000 | 583,000 | 859,000 | 1,113,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 51,000 | 90,000 | 140,000 | 179,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 51,000 | 90,000 | 140,000 | 179,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,912,000 | 7,912,000 | 7,924,000 | 7,947,000 |
| Total capital | 8,066,000 | 8,062,000 | 8,062,000 | 8,096,000 |
| Risk-weighted assets | 12,266,000 | 11,968,000 | 10,979,000 | 11,683,000 |