Call reports 2015
WEST MICHIGAN SAVINGS BANK, THE — 2015
What WEST MICHIGAN SAVINGS BANK, THE reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 |
|---|---|
| Total assets | 35,907,000 |
| Total loans | 11,802,000 |
| Allowance for loan losses | 218,000 |
| Securities available for sale | 17,461,000 |
| Securities held to maturity | 0 |
| Trading assets | 0 |
| Total deposits | 32,652,000 |
| Interest-bearing deposits | 24,670,000 |
| Noninterest-bearing deposits | 7,982,000 |
| Equity capital | 2,744,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 |
|---|---|
| Interest income | 254,000 |
| Interest expense | 16,000 |
| Net interest income | 238,000 |
| Noninterest income | 40,000 |
| Noninterest expense | 656,000 |
| Provision for loan losses | 0 |
| Pretax income | -378,000 |
| Income tax | 0 |
| Net income | -378,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 |
|---|---|
| Tier 1 capital | 2,972,000 |
| Total capital | 3,137,000 |
| Risk-weighted assets | 13,199,000 |