Call reports 2012
BANK OF ALPENA — 2012
What BANK OF ALPENA reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 70,614,000 | 72,188,000 | 72,773,000 | 86,676,000 |
| Total loans | 40,364,000 | 40,983,000 | 40,757,000 | 41,450,000 |
| Allowance for loan losses | 942,000 | 868,000 | 790,000 | 834,000 |
| Securities available for sale | 18,977,000 | 19,371,000 | 21,443,000 | 21,467,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,413,000 | 64,892,000 | 65,533,000 | 79,428,000 |
| Interest-bearing deposits | 47,674,000 | 49,063,000 | 48,038,000 | 47,575,000 |
| Noninterest-bearing deposits | 15,739,000 | 15,829,000 | 17,495,000 | 31,853,000 |
| Equity capital | 7,038,000 | 7,085,000 | 7,053,000 | 7,062,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 741,000 | 1,478,000 | 2,209,000 | 2,934,000 |
| Interest expense | 73,000 | 144,000 | 213,000 | 279,000 |
| Net interest income | 668,000 | 1,334,000 | 1,996,000 | 2,655,000 |
| Noninterest income | 78,000 | 151,000 | 186,000 | -134,000 |
| Noninterest expense | 713,000 | 1,441,000 | 2,189,000 | 2,527,000 |
| Provision for loan losses | 0 | 0 | 0 | 31,000 |
| Pretax income | 33,000 | 44,000 | 133,000 | 103,000 |
| Income tax | 12,000 | 17,000 | 48,000 | 26,000 |
| Net income | 21,000 | 27,000 | 85,000 | 77,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,747,000 | 6,754,000 | 6,814,000 | 6,892,000 |
| Total capital | 7,247,000 | 7,254,000 | 7,322,000 | 7,409,000 |
| Risk-weighted assets | 39,552,000 | 39,667,000 | 40,331,000 | 41,040,000 |