Call reports 2017
UNITED BANK OF MICHIGAN — 2017
What UNITED BANK OF MICHIGAN reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 631,100,000 | 645,486,000 | 612,846,000 | 615,919,000 |
| Total loans | 522,451,000 | 525,699,000 | 528,143,000 | 529,832,000 |
| Allowance for loan losses | 5,512,000 | 5,501,000 | 5,473,000 | 5,460,000 |
| Securities available for sale | 3,716,000 | 3,346,000 | 1,939,000 | 1,936,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 480,235,000 | 493,429,000 | 472,469,000 | 474,802,000 |
| Interest-bearing deposits | 380,759,000 | 384,362,000 | 370,595,000 | 372,840,000 |
| Noninterest-bearing deposits | 99,476,000 | 109,067,000 | 101,874,000 | 101,962,000 |
| Equity capital | 57,318,000 | 58,168,000 | 59,420,000 | 60,051,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 6,279,000 | 12,716,000 | 19,377,000 | 25,934,000 |
| Interest expense | 804,000 | 1,614,000 | 2,464,000 | 3,287,000 |
| Net interest income | 5,475,000 | 11,102,000 | 16,913,000 | 22,647,000 |
| Noninterest income | 1,374,000 | 2,801,000 | 4,399,000 | 5,804,000 |
| Noninterest expense | 5,307,000 | 10,653,000 | 15,734,000 | 20,883,000 |
| Provision for loan losses | 67,000 | 67,000 | 67,000 | 67,000 |
| Pretax income | 1,475,000 | 3,183,000 | 5,511,000 | 7,501,000 |
| Income tax | 430,000 | 941,000 | 1,663,000 | 2,671,000 |
| Net income | 1,045,000 | 2,242,000 | 3,848,000 | 4,830,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 57,318,000 | 58,168,000 | 59,420,000 | 60,051,000 |
| Total capital | 62,830,000 | 63,669,000 | 64,893,000 | 65,511,000 |
| Risk-weighted assets | 543,575,000 | 550,119,000 | 551,658,000 | 551,188,000 |