Call reports 2014
WOLVERINE BANK, F.S.B. — 2014
What WOLVERINE BANK, F.S.B. reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 313,795,000 | 337,842,000 | 338,746,000 | 336,634,000 |
| Total loans | 285,603,000 | 296,918,000 | 303,948,000 | 305,023,000 |
| Allowance for loan losses | 7,918,000 | 8,108,000 | 8,489,000 | 7,975,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 57,000 | 57,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 203,156,000 | 226,156,000 | 224,044,000 | 225,441,000 |
| Interest-bearing deposits | 167,600,000 | 198,232,000 | 197,180,000 | 200,589,000 |
| Noninterest-bearing deposits | 35,556,000 | 27,924,000 | 26,864,000 | 24,852,000 |
| Equity capital | 57,509,000 | 58,117,000 | 58,980,000 | 60,492,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 3,422,000 | 7,065,000 | 10,870,000 | 14,580,000 |
| Interest expense | 720,000 | 1,522,000 | 2,338,000 | 3,143,000 |
| Net interest income | 2,702,000 | 5,543,000 | 8,532,000 | 11,437,000 |
| Noninterest income | 146,000 | 462,000 | 713,000 | 1,661,000 |
| Noninterest expense | 1,916,000 | 3,990,000 | 5,678,000 | 7,463,000 |
| Provision for loan losses | 300,000 | 495,000 | 795,000 | 1,020,000 |
| Pretax income | 632,000 | 1,520,000 | 2,772,000 | 4,615,000 |
| Income tax | 251,000 | 608,000 | 1,090,000 | 1,721,000 |
| Net income | 381,000 | 912,000 | 1,682,000 | 2,894,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,538,000 | 56,149,000 | 57,012,000 | 58,763,000 |
| Total capital | 58,656,000 | 59,489,000 | 60,534,000 | 62,224,000 |
| Risk-weighted assets | 244,641,000 | 262,452,000 | 276,799,000 | 274,236,000 |