Call reports 2013
UNITED BANK OF MICHIGAN — 2013
What UNITED BANK OF MICHIGAN reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 467,115,000 | 467,154,000 | 469,223,000 | 468,412,000 |
| Total loans | 386,449,000 | 384,966,000 | 395,430,000 | 391,290,000 |
| Allowance for loan losses | 5,562,000 | 5,364,000 | 5,556,000 | 4,894,000 |
| Securities available for sale | 6,141,000 | 5,680,000 | 3,639,000 | 3,637,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 381,301,000 | 376,072,000 | 377,011,000 | 374,983,000 |
| Interest-bearing deposits | 309,202,000 | 320,733,000 | 325,752,000 | 323,660,000 |
| Noninterest-bearing deposits | 72,099,000 | 55,339,000 | 51,259,000 | 51,323,000 |
| Equity capital | 45,586,000 | 46,278,000 | 47,134,000 | 47,810,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 5,591,000 | 11,179,000 | 16,723,000 | 22,397,000 |
| Interest expense | 905,000 | 1,789,000 | 2,583,000 | 3,335,000 |
| Net interest income | 4,686,000 | 9,390,000 | 14,140,000 | 19,062,000 |
| Noninterest income | 1,330,000 | 2,647,000 | 4,102,000 | 5,460,000 |
| Noninterest expense | 4,247,000 | 8,714,000 | 13,036,000 | 17,866,000 |
| Provision for loan losses | 227,000 | 317,000 | 667,000 | 800,000 |
| Pretax income | 1,542,000 | 3,006,000 | 4,539,000 | 5,856,000 |
| Income tax | 495,000 | 959,000 | 1,326,000 | 1,658,000 |
| Net income | 1,047,000 | 2,047,000 | 3,213,000 | 4,198,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,965,000 | 45,657,000 | 46,511,000 | 47,202,000 |
| Total capital | 49,846,000 | 50,517,000 | 51,474,000 | 52,093,000 |
| Risk-weighted assets | 389,773,000 | 388,332,000 | 396,486,000 | 391,275,000 |