Call reports 2008
MACOMB COMMUNITY BANK — 2008
What MACOMB COMMUNITY BANK reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 90,107,000 | 94,125,000 | 94,085,000 | 92,202,000 |
| Total loans | 85,387,000 | 88,787,000 | 87,475,000 | 82,458,000 |
| Allowance for loan losses | 2,784,000 | 3,418,000 | 3,992,000 | 4,565,000 |
| Securities available for sale | 0 | 0 | 706,000 | 622,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,219,000 | 77,139,000 | 78,273,000 | 78,770,000 |
| Interest-bearing deposits | 70,516,000 | 69,545,000 | 69,407,000 | 70,864,000 |
| Noninterest-bearing deposits | 5,703,000 | 7,594,000 | 8,866,000 | 7,906,000 |
| Equity capital | 7,511,000 | 11,861,000 | 9,899,000 | 10,394,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 1,459,000 | 2,574,000 | 3,851,000 | 4,880,000 |
| Interest expense | 831,000 | 1,572,000 | 2,266,000 | 2,968,000 |
| Net interest income | 628,000 | 1,002,000 | 1,585,000 | 1,912,000 |
| Noninterest income | 44,000 | 91,000 | 75,000 | -325,000 |
| Noninterest expense | 803,000 | 1,546,000 | 2,484,000 | 3,291,000 |
| Provision for loan losses | 1,175,000 | 1,836,000 | 4,345,000 | 5,628,000 |
| Pretax income | -1,306,000 | -2,289,000 | -5,169,000 | -7,332,000 |
| Income tax | -444,000 | -777,000 | -1,756,000 | -2,490,000 |
| Net income | -862,000 | -1,512,000 | -3,413,000 | -4,842,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,715,000 | 10,065,000 | 8,317,000 | 7,180,000 |
| Total capital | 6,808,000 | 11,191,000 | 9,454,000 | 8,258,000 |
| Risk-weighted assets | 85,716,000 | 87,783,000 | 88,075,000 | 82,736,000 |