Call reports 2015
WEST MICHIGAN BANK & TRUST — 2015
What WEST MICHIGAN BANK & TRUST 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 | 46,737,000 | 48,437,000 | 40,403,000 | 40,375,000 |
| Total loans | 11,017,000 | 11,857,000 | 12,862,000 | 12,829,000 |
| Allowance for loan losses | 170,000 | 170,000 | 170,000 | 170,000 |
| Securities available for sale | 29,925,000 | 29,406,000 | 21,527,000 | 21,031,000 |
| Securities held to maturity | 818,000 | 683,000 | 683,000 | 683,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,456,000 | 41,403,000 | 31,119,000 | 31,104,000 |
| Interest-bearing deposits | 37,289,000 | 38,338,000 | 27,255,000 | 27,718,000 |
| Noninterest-bearing deposits | 2,167,000 | 3,065,000 | 3,864,000 | 3,386,000 |
| Equity capital | 7,211,000 | 6,935,000 | 7,209,000 | 7,206,000 |
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 | 314,000 | 619,000 | 922,000 | 1,211,000 |
| Interest expense | 26,000 | 50,000 | 74,000 | 98,000 |
| Net interest income | 288,000 | 569,000 | 848,000 | 1,113,000 |
| Noninterest income | 62,000 | 131,000 | 192,000 | 250,000 |
| Noninterest expense | 334,000 | 692,000 | 1,025,000 | 1,357,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 16,000 | 8,000 | 15,000 | 6,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 16,000 | 8,000 | 15,000 | 6,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,446,000 | 7,438,000 | 7,445,000 | 7,436,000 |
| Total capital | 7,616,000 | 7,608,000 | 7,615,000 | 7,606,000 |
| Risk-weighted assets | 16,510,000 | 17,084,000 | 16,117,000 | 16,191,000 |