Call reports 2012
WEST MICHIGAN BANK & TRUST — 2012
What WEST MICHIGAN BANK & TRUST 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 | 41,120,000 | 40,138,000 | 41,210,000 | 41,024,000 |
| Total loans | 7,075,000 | 7,187,000 | 8,053,000 | 9,077,000 |
| Allowance for loan losses | 191,000 | 187,000 | 186,000 | 187,000 |
| Securities available for sale | 28,833,000 | 26,801,000 | 26,606,000 | 27,359,000 |
| Securities held to maturity | 495,000 | 455,000 | 455,000 | 455,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,124,000 | 32,083,000 | 33,233,000 | 33,101,000 |
| Interest-bearing deposits | 31,154,000 | 29,998,000 | 30,444,000 | 30,700,000 |
| Noninterest-bearing deposits | 1,970,000 | 2,085,000 | 2,789,000 | 2,401,000 |
| Equity capital | 7,926,000 | 7,972,000 | 7,910,000 | 7,854,000 |
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 | 245,000 | 498,000 | 749,000 | 1,015,000 |
| Interest expense | 27,000 | 53,000 | 78,000 | 103,000 |
| Net interest income | 218,000 | 445,000 | 671,000 | 912,000 |
| Noninterest income | 64,000 | 130,000 | 212,000 | 277,000 |
| Noninterest expense | 269,000 | 546,000 | 822,000 | 1,073,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 13,000 | 29,000 | 61,000 | 116,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 13,000 | 29,000 | 61,000 | 116,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,947,000 | 7,949,000 | 7,968,000 | 7,874,000 |
| Total capital | 8,101,000 | 8,097,000 | 8,129,000 | 8,052,000 |
| Risk-weighted assets | 12,312,000 | 11,834,000 | 12,850,000 | 14,250,000 |