Call reports 2011
BANK OF ALPENA — 2011
What BANK OF ALPENA reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 67,715,000 | 69,759,000 | 69,971,000 | 70,066,000 |
| Total loans | 44,138,000 | 42,262,000 | 41,362,000 | 40,302,000 |
| Allowance for loan losses | 1,156,000 | 1,008,000 | 1,013,000 | 949,000 |
| Securities available for sale | 15,045,000 | 16,379,000 | 17,200,000 | 17,187,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,767,000 | 62,680,000 | 62,680,000 | 62,837,000 |
| Interest-bearing deposits | 47,083,000 | 47,264,000 | 47,724,000 | 46,543,000 |
| Noninterest-bearing deposits | 13,684,000 | 15,416,000 | 14,956,000 | 16,294,000 |
| Equity capital | 6,748,000 | 6,832,000 | 6,972,000 | 7,031,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 822,000 | 1,608,000 | 2,422,000 | 3,191,000 |
| Interest expense | 101,000 | 200,000 | 282,000 | 359,000 |
| Net interest income | 721,000 | 1,408,000 | 2,140,000 | 2,832,000 |
| Noninterest income | 61,000 | 92,000 | 165,000 | 233,000 |
| Noninterest expense | 774,000 | 1,442,000 | 2,108,000 | 2,749,000 |
| Provision for loan losses | 58,000 | 59,000 | 59,000 | 59,000 |
| Pretax income | -39,000 | 10,000 | 150,000 | 269,000 |
| Income tax | -17,000 | -3,000 | 45,000 | 78,000 |
| Net income | -22,000 | 13,000 | 105,000 | 191,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,499,000 | 6,534,000 | 6,626,000 | 6,749,000 |
| Total capital | 7,043,000 | 7,061,000 | 7,138,000 | 7,245,000 |
| Risk-weighted assets | 42,945,000 | 41,641,000 | 40,452,000 | 39,232,000 |