Call reports 2018
STATE SAVINGS BANK OF MANISTIQUE, THE — 2018
What STATE SAVINGS BANK OF MANISTIQUE, THE reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 125,600,000 | 124,041,000 | 127,106,000 | 123,570,000 |
| Total loans | 59,647,000 | 59,674,000 | 59,927,000 | 59,515,000 |
| Allowance for loan losses | 550,000 | 542,000 | 560,000 | 572,000 |
| Securities available for sale | 56,186,000 | 54,630,000 | 53,362,000 | 53,560,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 107,057,000 | 105,027,000 | 105,576,000 | 102,078,000 |
| Interest-bearing deposits | 100,251,000 | 98,030,000 | 97,257,000 | 94,974,000 |
| Noninterest-bearing deposits | 6,806,000 | 6,997,000 | 8,319,000 | 7,104,000 |
| Equity capital | 13,619,000 | 13,684,000 | 13,656,000 | 13,933,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 1,202,000 | 2,353,000 | 3,541,000 | 4,638,000 |
| Interest expense | 142,000 | 295,000 | 456,000 | 646,000 |
| Net interest income | 1,060,000 | 2,058,000 | 3,085,000 | 3,992,000 |
| Noninterest income | 66,000 | 161,000 | 223,000 | 297,000 |
| Noninterest expense | 772,000 | 1,543,000 | 2,311,000 | 3,113,000 |
| Provision for loan losses | 22,000 | 45,000 | 67,000 | 90,000 |
| Pretax income | 332,000 | 633,000 | 932,000 | 1,089,000 |
| Income tax | 8,000 | 15,000 | 52,000 | 83,000 |
| Net income | 324,000 | 618,000 | 880,000 | 1,006,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,450,000 | 14,654,000 | 14,821,000 | 14,612,000 |
| Total capital | 15,000,000 | 15,196,000 | 15,381,000 | 15,184,000 |
| Risk-weighted assets | 83,836,000 | 82,594,000 | 83,333,000 | 81,714,000 |