Call reports 2003
BANK OF ANN ARBOR — 2003
What BANK OF ANN ARBOR reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 350,393,000 | 366,015,000 | 369,114,000 | 381,845,000 |
| Total loans | 224,730,000 | 235,188,000 | 218,094,000 | 237,160,000 |
| Allowance for loan losses | 1,966,000 | 1,630,000 | 1,792,000 | 1,878,000 |
| Securities available for sale | 81,166,000 | 71,864,000 | 94,945,000 | 99,057,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 279,922,000 | 296,119,000 | 308,163,000 | 328,588,000 |
| Interest-bearing deposits | 223,586,000 | 229,851,000 | 254,266,000 | 268,244,000 |
| Noninterest-bearing deposits | 56,336,000 | 66,268,000 | 53,897,000 | 60,344,000 |
| Equity capital | 28,133,000 | 29,551,000 | 30,102,000 | 30,441,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 4,076,000 | 8,301,000 | 12,718,000 | 17,146,000 |
| Interest expense | 1,241,000 | 2,401,000 | 3,537,000 | 4,700,000 |
| Net interest income | 2,835,000 | 5,900,000 | 9,181,000 | 12,446,000 |
| Noninterest income | 1,112,000 | 6,255,000 | 9,175,000 | 10,428,000 |
| Noninterest expense | 2,472,000 | 9,057,000 | 13,368,000 | 16,467,000 |
| Provision for loan losses | 125,000 | 549,000 | 729,000 | 829,000 |
| Pretax income | 1,350,000 | 2,767,000 | 4,477,000 | 5,810,000 |
| Income tax | 391,000 | 774,000 | 1,269,000 | 1,624,000 |
| Net income | 959,000 | 1,993,000 | 3,208,000 | 4,186,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,471,000 | 28,506,000 | 29,721,000 | 30,199,000 |
| Total capital | 29,437,000 | 30,136,000 | 31,513,000 | 32,077,000 |
| Risk-weighted assets | 246,501,000 | 262,110,000 | 273,134,000 | 289,041,000 |