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Call report 2024Q1

FIRST NATIONAL BANK OF MICHIGAN — 2024Q1

The 22 measures FIRST NATIONAL BANK OF MICHIGAN reported to the FFIEC for 2024Q1, each linked to its source filing.

PERIOD: 2024Q1SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/8bb915c0-9f50-43c7-82b9-c9374bfeaf8a/2024Q1

Balance sheet

What the bank holds and owes at quarter end

MeasureValueUnitSource
Total assets1,011,465,000USDevidence →
Total loans731,057,000USDevidence →
Allowance for loan losses10,563,000USDevidence →
Securities available for sale201,976,000USDevidence →
Securities held to maturity0USDevidence →
Trading assets0USDevidence →
Total deposits799,992,000USDevidence →
Interest-bearing deposits637,498,000USDevidence →
Noninterest-bearing deposits162,494,000USDevidence →
Equity capital72,661,000USDevidence →

Income

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

MeasureValueUnitSource
Interest income11,793,000USDevidence →
Interest expense6,359,000USDevidence →
Net interest income5,434,000USDevidence →
Noninterest income717,000USDevidence →
Noninterest expense4,485,000USDevidence →
Provision for loan losses109,000USDevidence →
Pretax income1,704,000USDevidence →
Income tax311,000USDevidence →
Net income1,393,000USDevidence →

Regulatory capital

Basel measures — not reported for every quarter

MeasureValueUnitSource
Tier 1 capital85,074,000USDevidence →
Total capital95,469,000USDevidence →
Risk-weighted assets829,837,000USDevidence →