Call reports 2016
UNITED BANK OF MICHIGAN — 2016
What UNITED BANK OF MICHIGAN reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 557,701,000 | 558,652,000 | 592,639,000 | 614,359,000 |
| Total loans | 472,403,000 | 479,265,000 | 507,468,000 | 518,225,000 |
| Allowance for loan losses | 5,288,000 | 5,364,000 | 5,456,000 | 5,474,000 |
| Securities available for sale | 5,598,000 | 5,233,000 | 3,715,000 | 3,707,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 435,631,000 | 425,923,000 | 444,468,000 | 463,220,000 |
| Interest-bearing deposits | 400,402,000 | 391,610,000 | 411,265,000 | 429,729,000 |
| Noninterest-bearing deposits | 35,229,000 | 34,313,000 | 33,203,000 | 33,491,000 |
| Equity capital | 53,391,000 | 54,054,000 | 54,878,000 | 56,617,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 5,677,000 | 11,555,000 | 17,558,000 | 23,779,000 |
| Interest expense | 757,000 | 1,534,000 | 2,352,000 | 3,163,000 |
| Net interest income | 4,920,000 | 10,021,000 | 15,206,000 | 20,616,000 |
| Noninterest income | 1,433,000 | 2,860,000 | 4,492,000 | 5,817,000 |
| Noninterest expense | 4,763,000 | 9,692,000 | 14,722,000 | 19,653,000 |
| Provision for loan losses | 250,000 | 396,000 | 496,000 | 496,000 |
| Pretax income | 1,340,000 | 2,793,000 | 4,480,000 | 6,284,000 |
| Income tax | 310,000 | 753,000 | 1,253,000 | 1,813,000 |
| Net income | 1,030,000 | 2,040,000 | 3,227,000 | 4,471,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 53,391,000 | 54,054,000 | 54,878,000 | 56,617,000 |
| Total capital | 58,679,000 | 59,418,000 | 60,334,000 | 62,091,000 |
| Risk-weighted assets | 494,330,000 | 495,653,000 | 525,518,000 | 538,468,000 |