Call reports 2013
BANK OF ALPENA — 2013
What BANK OF ALPENA reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 72,104,000 | 72,744,000 | 73,732,000 | 73,171,000 |
| Total loans | 40,345,000 | 40,713,000 | 39,932,000 | 39,431,000 |
| Allowance for loan losses | 859,000 | 784,000 | 786,000 | 801,000 |
| Securities available for sale | 21,063,000 | 21,228,000 | 22,602,000 | 22,917,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,900,000 | 65,842,000 | 66,704,000 | 66,152,000 |
| Interest-bearing deposits | 46,535,000 | 48,536,000 | 49,798,000 | 48,667,000 |
| Noninterest-bearing deposits | 18,365,000 | 17,306,000 | 16,906,000 | 17,485,000 |
| Equity capital | 7,087,000 | 6,765,000 | 6,813,000 | 6,805,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 677,000 | 1,369,000 | 2,021,000 | 2,662,000 |
| Interest expense | 56,000 | 103,000 | 146,000 | 188,000 |
| Net interest income | 621,000 | 1,266,000 | 1,875,000 | 2,474,000 |
| Noninterest income | 87,000 | 115,000 | 186,000 | 256,000 |
| Noninterest expense | 630,000 | 1,265,000 | 1,873,000 | 2,481,000 |
| Provision for loan losses | 20,000 | 30,000 | 51,000 | 61,000 |
| Pretax income | 58,000 | 87,000 | 138,000 | 190,000 |
| Income tax | 18,000 | 26,000 | 41,000 | 55,000 |
| Net income | 40,000 | 61,000 | 97,000 | 135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,930,000 | 6,952,000 | 6,986,000 | 6,963,000 |
| Total capital | 7,422,000 | 7,453,000 | 7,481,000 | 7,447,000 |
| Risk-weighted assets | 39,003,000 | 39,800,000 | 39,264,000 | 38,403,000 |