Call reports 2006
BANK OF ALPENA — 2006
What BANK OF ALPENA reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 69,468,000 | 71,218,000 | 82,699,000 | 82,975,000 |
| Total loans | 43,546,000 | 45,463,000 | 49,448,000 | 52,119,000 |
| Allowance for loan losses | 706,000 | 756,000 | 792,000 | 822,000 |
| Securities available for sale | 12,832,000 | 15,819,000 | 16,645,000 | 19,499,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,175,000 | 65,282,000 | 76,503,000 | 76,544,000 |
| Interest-bearing deposits | 48,179,000 | 49,283,000 | 59,647,000 | 60,156,000 |
| Noninterest-bearing deposits | 14,996,000 | 15,999,000 | 16,856,000 | 16,388,000 |
| Equity capital | 5,480,000 | 5,532,000 | 5,722,000 | 5,892,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 998,000 | 2,045,000 | 3,285,000 | 4,566,000 |
| Interest expense | 281,000 | 643,000 | 1,119,000 | 1,640,000 |
| Net interest income | 717,000 | 1,402,000 | 2,166,000 | 2,926,000 |
| Noninterest income | 34,000 | 70,000 | 112,000 | 159,000 |
| Noninterest expense | 522,000 | 1,092,000 | 1,714,000 | 2,318,000 |
| Provision for loan losses | 45,000 | 93,000 | 147,000 | 190,000 |
| Pretax income | 184,000 | 287,000 | 417,000 | 579,000 |
| Income tax | 63,000 | 98,000 | 142,000 | 172,000 |
| Net income | 121,000 | 189,000 | 275,000 | 407,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,621,000 | 5,689,000 | 5,776,000 | 5,907,000 |
| Total capital | 6,159,000 | 6,244,000 | 6,399,000 | 6,556,000 |
| Risk-weighted assets | 42,869,000 | 44,237,000 | 49,674,000 | 51,710,000 |