Call reports 2017
STATE SAVINGS BANK OF MANISTIQUE, THE — 2017
What STATE SAVINGS BANK OF MANISTIQUE, THE reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 125,849,000 | 124,114,000 | 127,887,000 | 124,721,000 |
| Total loans | 59,602,000 | 59,992,000 | 58,980,000 | 59,005,000 |
| Allowance for loan losses | 512,000 | 460,000 | 530,000 | 538,000 |
| Securities available for sale | 52,173,000 | 52,975,000 | 54,063,000 | 56,163,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 106,288,000 | 103,037,000 | 107,808,000 | 105,442,000 |
| Interest-bearing deposits | 99,569,000 | 96,135,000 | 100,521,000 | 98,486,000 |
| Noninterest-bearing deposits | 6,719,000 | 6,902,000 | 7,287,000 | 6,956,000 |
| Equity capital | 14,066,000 | 14,556,000 | 14,566,000 | 13,900,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 1,067,000 | 2,148,000 | 3,265,000 | 4,352,000 |
| Interest expense | 143,000 | 288,000 | 436,000 | 588,000 |
| Net interest income | 924,000 | 1,860,000 | 2,829,000 | 3,764,000 |
| Noninterest income | 87,000 | 160,000 | 227,000 | 273,000 |
| Noninterest expense | 752,000 | 1,474,000 | 2,207,000 | 2,997,000 |
| Provision for loan losses | 15,000 | 57,000 | 122,000 | 137,000 |
| Pretax income | 244,000 | 489,000 | 728,000 | 900,000 |
| Income tax | 11,000 | 22,000 | 33,000 | 168,000 |
| Net income | 233,000 | 467,000 | 695,000 | 732,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,110,000 | 14,268,000 | 14,388,000 | 14,205,000 |
| Total capital | 14,622,000 | 14,728,000 | 14,918,000 | 14,743,000 |
| Risk-weighted assets | 85,168,000 | 83,465,000 | 82,515,000 | 82,330,000 |