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Call reports 2008

UNITED BANK OF MICHIGAN — 2008

What UNITED BANK OF MICHIGAN reported to the FFIEC in 2008, quarter by quarter.

PERIOD: 2008SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/48ac2aea-e291-4dda-893b-0c14c710b977/2008

Balance sheet

What the bank holds and owes at quarter end

Measure2008Q12008Q22008Q32008Q4
Total assets416,696,000418,344,000432,546,000428,324,000
Total loans351,761,000356,635,000358,712,000367,322,000
Allowance for loan losses4,151,0004,320,0004,301,0004,392,000
Securities available for sale11,037,00010,707,00011,174,0009,696,000
Securities held to maturity0000
Trading assets0000
Total deposits321,131,000317,009,000331,369,000326,908,000
Interest-bearing deposits283,749,000279,674,000297,657,000293,270,000
Noninterest-bearing deposits37,382,00037,335,00033,712,00033,638,000
Equity capital38,370,00038,600,00038,732,00038,612,000

Income

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

Measure2008Q12008Q22008Q32008Q4
Interest income6,425,00012,566,00018,773,00024,751,000
Interest expense3,161,0005,946,0008,668,00011,335,000
Net interest income3,264,0006,620,00010,105,00013,416,000
Noninterest income896,0002,168,0002,768,0003,585,000
Noninterest expense3,246,0006,556,0009,869,00013,283,000
Provision for loan losses165,000590,000718,0001,360,000
Pretax income749,0001,642,0002,286,0002,358,000
Income tax194,000466,000638,000575,000
Net income555,0001,176,0001,648,0001,783,000

Regulatory capital

Basel measures — not reported for every quarter

Measure2008Q12008Q22008Q32008Q4
Tier 1 capital37,604,00037,896,00038,073,00038,427,000
Total capital41,755,00042,216,00042,374,00042,819,000
Risk-weighted assets349,019,000354,927,000360,112,000364,656,000

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