Call reports 2013
WEST MICHIGAN BANK & TRUST — 2013
What WEST MICHIGAN BANK & TRUST 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 | 41,097,000 | 41,228,000 | 42,679,000 | 42,248,000 |
| Total loans | 8,540,000 | 8,629,000 | 9,661,000 | 9,143,000 |
| Allowance for loan losses | 186,000 | 186,000 | 186,000 | 177,000 |
| Securities available for sale | 26,666,000 | 26,860,000 | 26,772,000 | 26,247,000 |
| Securities held to maturity | 455,000 | 400,000 | 400,000 | 400,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,263,000 | 34,028,000 | 36,111,000 | 35,663,000 |
| Interest-bearing deposits | 31,599,000 | 31,963,000 | 32,205,000 | 32,790,000 |
| Noninterest-bearing deposits | 1,664,000 | 2,065,000 | 3,906,000 | 2,873,000 |
| Equity capital | 7,796,000 | 7,134,000 | 6,528,000 | 6,541,000 |
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 | 251,000 | 499,000 | 741,000 | 1,006,000 |
| Interest expense | 24,000 | 49,000 | 74,000 | 96,000 |
| Net interest income | 227,000 | 450,000 | 667,000 | 910,000 |
| Noninterest income | 69,000 | 126,000 | 183,000 | 240,000 |
| Noninterest expense | 260,000 | 526,000 | 796,000 | 1,054,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 36,000 | 50,000 | 54,000 | 96,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 36,000 | 50,000 | 54,000 | 96,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,910,000 | 7,882,000 | 7,883,000 | 7,904,000 |
| Total capital | 8,073,000 | 8,045,000 | 8,062,000 | 8,078,000 |
| Risk-weighted assets | 12,982,000 | 12,994,000 | 14,317,000 | 13,923,000 |