Call reports 2015
UNITED BANK OF MICHIGAN — 2015
What UNITED BANK OF MICHIGAN reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 506,366,000 | 506,895,000 | 513,542,000 | 524,123,000 |
| Total loans | 408,298,000 | 421,234,000 | 430,842,000 | 451,347,000 |
| Allowance for loan losses | 5,097,000 | 4,991,000 | 5,113,000 | 5,084,000 |
| Securities available for sale | 6,312,000 | 4,566,000 | 5,601,000 | 5,604,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 389,621,000 | 389,050,000 | 386,337,000 | 412,006,000 |
| Interest-bearing deposits | 333,330,000 | 332,180,000 | 333,345,000 | 381,309,000 |
| Noninterest-bearing deposits | 56,291,000 | 56,870,000 | 52,992,000 | 30,697,000 |
| Equity capital | 50,171,000 | 50,993,000 | 51,928,000 | 52,714,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 5,231,000 | 10,610,000 | 16,148,000 | 21,743,000 |
| Interest expense | 721,000 | 1,440,000 | 2,166,000 | 2,908,000 |
| Net interest income | 4,510,000 | 9,170,000 | 13,982,000 | 18,835,000 |
| Noninterest income | 1,402,000 | 3,085,000 | 4,555,000 | 5,923,000 |
| Noninterest expense | 4,439,000 | 9,008,000 | 13,477,000 | 18,091,000 |
| Provision for loan losses | 460,000 | 610,000 | 610,000 | 650,000 |
| Pretax income | 1,013,000 | 2,637,000 | 4,450,000 | 6,017,000 |
| Income tax | 294,000 | 799,000 | 1,367,000 | 1,851,000 |
| Net income | 719,000 | 1,838,000 | 3,083,000 | 4,166,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 50,158,000 | 50,977,000 | 51,922,000 | 52,705,000 |
| Total capital | 55,255,000 | 55,968,000 | 57,035,000 | 57,789,000 |
| Risk-weighted assets | 417,949,000 | 432,886,000 | 443,416,000 | 468,133,000 |