Call reports 2001
BANK OF ALPENA — 2001
What BANK OF ALPENA reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 9,656,000 | 21,750,000 | 38,793,000 | 36,310,000 |
| Total loans | 0 | 2,076,000 | 8,157,000 | 12,976,000 |
| Allowance for loan losses | 0 | 30,000 | 60,000 | 100,000 |
| Securities available for sale | 0 | 1,311,000 | 8,650,000 | 10,515,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,905,000 | 17,142,000 | 34,301,000 | 31,842,000 |
| Interest-bearing deposits | 4,905,000 | 15,325,000 | 31,221,000 | 12,148,000 |
| Noninterest-bearing deposits | 0 | 1,817,000 | 3,080,000 | 19,694,000 |
| Equity capital | 4,750,000 | 4,561,000 | 4,442,000 | 4,327,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,000 | 155,000 | 480,000 | 873,000 |
| Interest expense | 2,000 | 100,000 | 321,000 | 471,000 |
| Net interest income | -1,000 | 55,000 | 159,000 | 402,000 |
| Noninterest income | 0 | 4,000 | 17,000 | 33,000 |
| Noninterest expense | 0 | 276,000 | 583,000 | 909,000 |
| Provision for loan losses | 0 | 30,000 | 60,000 | 100,000 |
| Pretax income | -1,000 | -247,000 | -467,000 | -574,000 |
| Income tax | 0 | -54,000 | -100,000 | -107,000 |
| Net income | -1,000 | -193,000 | -367,000 | -467,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,750,000 | 4,556,000 | 4,383,000 | 4,283,000 |
| Total capital | 4,750,000 | 4,586,000 | 4,443,000 | 4,383,000 |
| Risk-weighted assets | 2,790,000 | 7,203,000 | 10,740,000 | 17,119,000 |