Call reports 2005
FIRST BANK, UPPER MICHIGAN — 2005
What FIRST BANK, UPPER MICHIGAN reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 154,356,000 | 156,084,000 | 161,104,000 | 157,640,000 |
| Total loans | 126,768,000 | 131,666,000 | 135,037,000 | 133,675,000 |
| Allowance for loan losses | 3,370,000 | 3,466,000 | 3,526,000 | 3,509,000 |
| Securities available for sale | 17,575,000 | 17,969,000 | 18,071,000 | 16,718,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,858,000 | 117,222,000 | 121,015,000 | 117,709,000 |
| Interest-bearing deposits | 104,897,000 | 104,899,000 | 107,448,000 | 103,915,000 |
| Noninterest-bearing deposits | 11,961,000 | 12,323,000 | 13,567,000 | 13,794,000 |
| Equity capital | 17,378,000 | 17,468,000 | 17,842,000 | 18,735,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 2,423,000 | 4,984,000 | 7,597,000 | 10,260,000 |
| Interest expense | 635,000 | 1,348,000 | 2,142,000 | 3,057,000 |
| Net interest income | 1,788,000 | 3,636,000 | 5,455,000 | 7,203,000 |
| Noninterest income | 451,000 | 974,000 | 1,458,000 | 2,005,000 |
| Noninterest expense | 1,104,000 | 2,281,000 | 3,442,000 | 4,566,000 |
| Provision for loan losses | 125,000 | 220,000 | 295,000 | 400,000 |
| Pretax income | 1,010,000 | 2,109,000 | 3,176,000 | 4,242,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 1,010,000 | 2,109,000 | 3,176,000 | 4,242,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,100,000 | 17,146,000 | 17,554,000 | 18,591,000 |
| Total capital | 18,538,000 | 18,632,000 | 19,106,000 | 20,108,000 |
| Risk-weighted assets | 113,086,000 | 116,905,000 | 122,167,000 | 121,548,000 |
Machine access — free, no API key
Every figure shown here about FIRST BANK, UPPER MICHIGAN — 2005 can also be queried live: FACTANKER runs an MCP server at https://factanker.com/mcp (tools: lookup_entity, get_facts, query_template, search_facts) and a REST endpoint at https://factanker.com/api/get_facts. Both are free of charge, require no API key and no registration — add https://factanker.com/mcp as a connector in Claude, ChatGPT or Copilot. Every answer carries its source document and a citation reference. Setup: /quickstart.