Call reports 2017
WOLVERINE BANK, F.S.B. — 2017
What WOLVERINE BANK, F.S.B. reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 |
|---|---|---|---|
| Total assets | 379,809,000 | 387,160,000 | 385,457,000 |
| Total loans | 324,680,000 | 321,720,000 | 317,147,000 |
| Allowance for loan losses | 8,733,000 | 7,288,000 | 7,268,000 |
| Securities available for sale | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 273,165,000 | 265,672,000 | 272,109,000 |
| Interest-bearing deposits | 246,451,000 | 236,003,000 | 245,771,000 |
| Noninterest-bearing deposits | 26,714,000 | 29,669,000 | 26,338,000 |
| Equity capital | 62,641,000 | 61,828,000 | 64,055,000 |
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 |
|---|---|---|---|
| Interest income | 4,173,000 | 8,530,000 | 13,947,000 |
| Interest expense | 990,000 | 1,929,000 | 2,917,000 |
| Net interest income | 3,183,000 | 6,601,000 | 11,030,000 |
| Noninterest income | 111,000 | 354,000 | 505,000 |
| Noninterest expense | 1,697,000 | 3,803,000 | 6,056,000 |
| Provision for loan losses | -600,000 | -2,050,000 | -2,850,000 |
| Pretax income | 2,197,000 | 5,202,000 | 8,329,000 |
| Income tax | 749,000 | 1,726,000 | 2,799,000 |
| Net income | 1,448,000 | 3,476,000 | 5,530,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 |
|---|---|---|---|
| Tier 1 capital | 61,952,000 | 60,845,000 | 63,866,000 |
| Total capital | 65,648,000 | 64,644,000 | 67,600,000 |
| Risk-weighted assets | 290,332,000 | 300,076,000 | 295,258,000 |