Call reports 2009
BANK OF ALPENA — 2009
What BANK OF ALPENA reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 76,953,000 | 76,118,000 | 83,310,000 | 88,189,000 |
| Total loans | 58,788,000 | 56,981,000 | 56,063,000 | 54,607,000 |
| Allowance for loan losses | 1,294,000 | 1,319,000 | 1,265,000 | 912,000 |
| Securities available for sale | 13,144,000 | 13,189,000 | 21,852,000 | 18,549,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,761,000 | 68,836,000 | 75,640,000 | 80,681,000 |
| Interest-bearing deposits | 55,032,000 | 56,851,000 | 67,162,000 | 70,026,000 |
| Noninterest-bearing deposits | 14,729,000 | 11,985,000 | 8,478,000 | 10,655,000 |
| Equity capital | 6,752,000 | 6,783,000 | 6,600,000 | 7,047,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,135,000 | 2,193,000 | 3,253,000 | 4,288,000 |
| Interest expense | 268,000 | 505,000 | 726,000 | 898,000 |
| Net interest income | 867,000 | 1,688,000 | 2,527,000 | 3,390,000 |
| Noninterest income | 59,000 | 96,000 | 159,000 | 213,000 |
| Noninterest expense | 768,000 | 1,526,000 | 2,221,000 | 2,943,000 |
| Provision for loan losses | 227,000 | 289,000 | 957,000 | 1,007,000 |
| Pretax income | -69,000 | -31,000 | -492,000 | -277,000 |
| Income tax | -34,000 | -31,000 | -197,000 | -146,000 |
| Net income | -35,000 | 0 | -295,000 | -131,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,576,000 | 6,611,000 | 6,316,000 | 6,820,000 |
| Total capital | 7,269,000 | 7,284,000 | 7,005,000 | 7,483,000 |
| Risk-weighted assets | 54,831,000 | 53,169,000 | 54,813,000 | 52,815,000 |