Call reports 2012
UNITED BANK OF MICHIGAN — 2012
What UNITED BANK OF MICHIGAN reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 451,357,000 | 448,249,000 | 448,966,000 | 465,065,000 |
| Total loans | 377,134,000 | 387,233,000 | 385,411,000 | 386,526,000 |
| Allowance for loan losses | 5,431,000 | 5,572,000 | 5,548,000 | 5,553,000 |
| Securities available for sale | 2,411,000 | 1,954,000 | 6,139,000 | 6,140,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 369,069,000 | 370,952,000 | 366,070,000 | 379,581,000 |
| Interest-bearing deposits | 302,421,000 | 302,844,000 | 301,153,000 | 297,748,000 |
| Noninterest-bearing deposits | 66,648,000 | 68,108,000 | 64,917,000 | 81,833,000 |
| Equity capital | 42,810,000 | 43,314,000 | 44,366,000 | 44,862,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 5,671,000 | 11,480,000 | 17,444,000 | 23,303,000 |
| Interest expense | 1,138,000 | 2,255,000 | 3,334,000 | 4,370,000 |
| Net interest income | 4,533,000 | 9,225,000 | 14,110,000 | 18,933,000 |
| Noninterest income | 1,187,000 | 2,090,000 | 3,929,000 | 4,822,000 |
| Noninterest expense | 4,077,000 | 8,067,000 | 12,449,000 | 17,004,000 |
| Provision for loan losses | 196,000 | 626,000 | 940,000 | 1,000,000 |
| Pretax income | 1,447,000 | 2,622,000 | 4,650,000 | 5,751,000 |
| Income tax | 458,000 | 826,000 | 1,483,000 | 1,780,000 |
| Net income | 989,000 | 1,796,000 | 3,167,000 | 3,971,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 42,148,000 | 42,650,000 | 43,706,000 | 44,220,000 |
| Total capital | 46,857,000 | 47,440,000 | 48,531,000 | 49,084,000 |
| Risk-weighted assets | 375,979,000 | 382,440,000 | 385,249,000 | 387,698,000 |