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Call reports 2019

UPPER PENINSULA STATE BANK — 2019

What UPPER PENINSULA STATE BANK reported to the FFIEC in 2019, quarter by quarter.

PERIOD: 2019SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/47e10caf-5e6c-4369-a747-f43f62b0db2a/2019

Balance sheet

What the bank holds and owes at quarter end

Measure2019Q12019Q22019Q32019Q4
Total assets202,868,000203,699,000201,096,000218,563,000
Total loans136,311,000140,816,000144,349,000150,288,000
Allowance for loan losses2,172,0002,181,0002,198,0002,315,000
Securities available for sale43,448,00042,339,00042,192,00036,125,000
Securities held to maturity0000
Trading assets0000
Total deposits165,145,000164,712,000160,821,000173,161,000
Interest-bearing deposits148,164,000145,842,000141,080,000153,774,000
Noninterest-bearing deposits16,981,00018,870,00019,741,00019,387,000
Equity capital32,758,00033,828,00034,765,00033,997,000

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure2019Q12019Q22019Q32019Q4
Interest income2,155,0004,391,0006,668,0008,899,000
Interest expense294,000587,000879,0001,194,000
Net interest income1,861,0003,804,0005,789,0007,705,000
Noninterest income230,000602,000989,0001,339,000
Noninterest expense1,314,0002,698,0003,975,0005,417,000
Provision for loan losses15,00030,00045,000160,000
Pretax income763,0001,679,0002,759,0003,841,000
Income tax134,000302,000505,000692,000
Net income629,0001,377,0002,254,0003,149,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2019Q12019Q22019Q32019Q4
Tier 1 capital34,778,00035,442,00036,143,00035,889,000
Total capital36,649,00037,356,00038,099,00037,905,000
Risk-weighted assets149,382,000152,903,000156,288,000161,055,000

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