Call reports 2012
FIRST NATIONAL BANK OF MICHIGAN — 2012
What FIRST NATIONAL BANK OF MICHIGAN 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 | 209,296,000 | 224,043,000 | 233,412,000 | 250,153,000 |
| Total loans | 158,253,000 | 164,052,000 | 190,177,000 | 208,446,000 |
| Allowance for loan losses | 3,443,000 | 3,419,000 | 3,602,000 | 3,709,000 |
| Securities available for sale | 35,227,000 | 35,346,000 | 36,765,000 | 32,719,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 177,653,000 | 191,803,000 | 200,436,000 | 216,756,000 |
| Interest-bearing deposits | 135,046,000 | 139,943,000 | 149,616,000 | 164,756,000 |
| Noninterest-bearing deposits | 42,607,000 | 51,860,000 | 50,820,000 | 52,000,000 |
| Equity capital | 22,814,000 | 23,594,000 | 24,285,000 | 24,926,000 |
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 | 2,412,000 | 4,831,000 | 7,441,000 | 10,183,000 |
| Interest expense | 325,000 | 640,000 | 952,000 | 1,265,000 |
| Net interest income | 2,087,000 | 4,191,000 | 6,489,000 | 8,918,000 |
| Noninterest income | 223,000 | 474,000 | 776,000 | 1,133,000 |
| Noninterest expense | 1,352,000 | 2,859,000 | 4,378,000 | 5,970,000 |
| Provision for loan losses | 175,000 | 175,000 | 375,000 | 515,000 |
| Pretax income | 783,000 | 1,641,000 | 2,518,000 | 3,572,000 |
| Income tax | 251,000 | 529,000 | 794,000 | 1,132,000 |
| Net income | 532,000 | 1,112,000 | 1,724,000 | 2,440,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,211,000 | 22,849,000 | 23,497,000 | 24,250,000 |
| Total capital | 24,287,000 | 25,000,000 | 25,952,000 | 26,879,000 |
| Risk-weighted assets | 164,725,000 | 170,887,000 | 195,288,000 | 209,288,000 |