Call reports 2017
UPPER PENINSULA STATE BANK — 2017
What UPPER PENINSULA STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 192,686,000 | 190,654,000 | 189,960,000 | 190,850,000 |
| Total loans | 119,401,000 | 121,955,000 | 123,370,000 | 123,338,000 |
| Allowance for loan losses | 2,336,000 | 2,464,000 | 2,512,000 | 2,378,000 |
| Securities available for sale | 47,032,000 | 48,441,000 | 50,258,000 | 49,250,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,198,000 | 150,532,000 | 149,272,000 | 151,696,000 |
| Interest-bearing deposits | 137,312,000 | 134,069,000 | 131,820,000 | 131,855,000 |
| Noninterest-bearing deposits | 15,886,000 | 16,463,000 | 17,452,000 | 19,841,000 |
| Equity capital | 31,606,000 | 32,291,000 | 32,738,000 | 31,697,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,867,000 | 3,808,000 | 5,798,000 | 7,777,000 |
| Interest expense | 191,000 | 386,000 | 584,000 | 787,000 |
| Net interest income | 1,676,000 | 3,422,000 | 5,214,000 | 6,990,000 |
| Noninterest income | 275,000 | 612,000 | 912,000 | 1,164,000 |
| Noninterest expense | 1,161,000 | 2,386,000 | 3,575,000 | 4,809,000 |
| Provision for loan losses | 60,000 | 120,000 | 170,000 | 215,000 |
| Pretax income | 730,000 | 1,528,000 | 2,381,000 | 3,134,000 |
| Income tax | 194,000 | 412,000 | 648,000 | 1,094,000 |
| Net income | 536,000 | 1,116,000 | 1,733,000 | 2,040,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,862,000 | 33,462,000 | 34,002,000 | 33,731,000 |
| Total capital | 34,513,000 | 35,147,000 | 35,719,000 | 35,447,000 |
| Risk-weighted assets | 131,467,000 | 134,023,000 | 136,630,000 | 136,633,000 |
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