Call reports 2011
UNITED BANK OF MICHIGAN — 2011
What UNITED BANK OF MICHIGAN reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 424,751,000 | 428,602,000 | 445,965,000 | 457,989,000 |
| Total loans | 370,171,000 | 367,443,000 | 371,507,000 | 373,560,000 |
| Allowance for loan losses | 5,328,000 | 5,289,000 | 5,304,000 | 5,378,000 |
| Securities available for sale | 3,260,000 | 3,129,000 | 3,402,000 | 2,415,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 349,324,000 | 347,346,000 | 365,488,000 | 375,894,000 |
| Interest-bearing deposits | 298,777,000 | 289,981,000 | 299,324,000 | 299,321,000 |
| Noninterest-bearing deposits | 50,547,000 | 57,365,000 | 66,164,000 | 76,573,000 |
| Equity capital | 40,643,000 | 41,062,000 | 41,314,000 | 42,117,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 5,656,000 | 11,273,000 | 17,013,000 | 22,623,000 |
| Interest expense | 1,323,000 | 2,608,000 | 3,858,000 | 5,030,000 |
| Net interest income | 4,333,000 | 8,665,000 | 13,155,000 | 17,593,000 |
| Noninterest income | 983,000 | 2,227,000 | 3,519,000 | 4,970,000 |
| Noninterest expense | 4,041,000 | 8,119,000 | 12,026,000 | 16,170,000 |
| Provision for loan losses | 300,000 | 795,000 | 1,880,000 | 2,080,000 |
| Pretax income | 975,000 | 1,978,000 | 2,835,000 | 4,380,000 |
| Income tax | 296,000 | 603,000 | 861,000 | 1,309,000 |
| Net income | 679,000 | 1,375,000 | 1,974,000 | 3,071,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,989,000 | 40,384,000 | 40,677,000 | 41,460,000 |
| Total capital | 44,508,000 | 44,911,000 | 45,282,000 | 46,136,000 |
| Risk-weighted assets | 360,692,000 | 361,361,000 | 367,701,000 | 373,381,000 |