Call reports 2013
WOLVERINE BANK, F.S.B. — 2013
What WOLVERINE BANK, F.S.B. 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 | 289,907,000 | 287,184,000 | 291,947,000 | 297,566,000 |
| Total loans | 259,569,000 | 251,461,000 | 245,855,000 | 266,117,000 |
| Allowance for loan losses | 6,964,000 | 7,384,000 | 7,466,000 | 7,595,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 172,000 | 172,000 | 123,000 | 123,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 167,456,000 | 162,666,000 | 167,911,000 | 173,833,000 |
| Interest-bearing deposits | 141,790,000 | 136,619,000 | 140,123,000 | 150,546,000 |
| Noninterest-bearing deposits | 25,666,000 | 26,047,000 | 27,788,000 | 23,287,000 |
| Equity capital | 58,364,000 | 58,894,000 | 59,424,000 | 60,045,000 |
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 | 3,369,000 | 6,762,000 | 10,040,000 | 13,416,000 |
| Interest expense | 806,000 | 1,603,000 | 2,401,000 | 3,189,000 |
| Net interest income | 2,563,000 | 5,159,000 | 7,639,000 | 10,227,000 |
| Noninterest income | 697,000 | 1,270,000 | 1,714,000 | 1,880,000 |
| Noninterest expense | 1,991,000 | 4,100,000 | 6,202,000 | 8,430,000 |
| Provision for loan losses | 300,000 | 675,000 | 790,000 | 830,000 |
| Pretax income | 969,000 | 1,654,000 | 2,361,000 | 2,847,000 |
| Income tax | 329,000 | 569,000 | 829,000 | 991,000 |
| Net income | 640,000 | 1,085,000 | 1,532,000 | 1,856,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 58,364,000 | 58,894,000 | 59,415,000 | 58,150,000 |
| Total capital | 61,312,000 | 61,787,000 | 62,207,000 | 61,149,000 |
| Risk-weighted assets | 238,622,000 | 226,979,000 | 225,515,000 | 235,332,000 |