Call reports 2013
FIRST NATIONAL BANK OF MICHIGAN — 2013
What FIRST NATIONAL BANK OF MICHIGAN 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 | 278,991,000 | 293,553,000 | 298,176,000 | 311,678,000 |
| Total loans | 217,879,000 | 225,911,000 | 239,103,000 | 246,658,000 |
| Allowance for loan losses | 3,895,000 | 4,069,000 | 4,274,000 | 4,534,000 |
| Securities available for sale | 33,010,000 | 34,739,000 | 39,357,000 | 38,848,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 244,600,000 | 256,336,000 | 260,988,000 | 273,929,000 |
| Interest-bearing deposits | 194,950,000 | 193,731,000 | 198,739,000 | 212,437,000 |
| Noninterest-bearing deposits | 49,650,000 | 62,605,000 | 62,249,000 | 61,492,000 |
| Equity capital | 25,669,000 | 28,472,000 | 29,332,000 | 30,140,000 |
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 | 2,821,000 | 5,758,000 | 8,797,000 | 11,972,000 |
| Interest expense | 328,000 | 629,000 | 907,000 | 1,193,000 |
| Net interest income | 2,493,000 | 5,129,000 | 7,890,000 | 10,779,000 |
| Noninterest income | 291,000 | 528,000 | 867,000 | 1,227,000 |
| Noninterest expense | 1,584,000 | 3,171,000 | 4,842,000 | 6,608,000 |
| Provision for loan losses | 172,000 | 344,000 | 550,000 | 808,000 |
| Pretax income | 1,067,000 | 2,186,000 | 3,426,000 | 4,642,000 |
| Income tax | 339,000 | 674,000 | 1,064,000 | 1,358,000 |
| Net income | 728,000 | 1,512,000 | 2,362,000 | 3,284,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 25,013,000 | 28,294,000 | 29,180,000 | 30,137,000 |
| Total capital | 27,717,000 | 31,105,000 | 32,194,000 | 33,227,000 |
| Risk-weighted assets | 215,132,000 | 223,712,000 | 240,365,000 | 246,621,000 |