Call reports 2002
BANK OF ANN ARBOR — 2002
What BANK OF ANN ARBOR reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 229,875,000 | 254,873,000 | 286,960,000 | 325,279,000 |
| Total loans | 162,558,000 | 177,783,000 | 208,014,000 | 253,682,000 |
| Allowance for loan losses | 1,471,000 | 1,542,000 | 1,579,000 | 1,850,000 |
| Securities available for sale | 38,034,000 | 36,772,000 | 38,512,000 | 39,452,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 193,823,000 | 207,917,000 | 235,413,000 | 263,325,000 |
| Interest-bearing deposits | 159,970,000 | 166,194,000 | 188,683,000 | 211,367,000 |
| Noninterest-bearing deposits | 33,853,000 | 41,723,000 | 46,730,000 | 51,958,000 |
| Equity capital | 18,974,000 | 20,337,000 | 21,388,000 | 22,473,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,505,000 | 7,148,000 | 11,030,000 | 15,575,000 |
| Interest expense | 1,060,000 | 2,142,000 | 3,358,000 | 4,679,000 |
| Net interest income | 2,445,000 | 5,006,000 | 7,672,000 | 10,896,000 |
| Noninterest income | 670,000 | 1,380,000 | 2,096,000 | 3,196,000 |
| Noninterest expense | 1,845,000 | 3,792,000 | 5,851,000 | 8,387,000 |
| Provision for loan losses | 66,000 | 169,000 | 281,000 | 561,000 |
| Pretax income | 1,212,000 | 2,433,000 | 3,644,000 | 5,152,000 |
| Income tax | 338,000 | 689,000 | 1,029,000 | 1,478,000 |
| Net income | 874,000 | 1,744,000 | 2,615,000 | 3,674,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,012,000 | 19,883,000 | 20,754,000 | 21,813,000 |
| Total capital | 20,483,000 | 21,425,000 | 22,333,000 | 23,663,000 |
| Risk-weighted assets | 180,960,000 | 196,296,000 | 216,624,000 | 247,603,000 |