Call reports 2004
BANK OF ANN ARBOR — 2004
What BANK OF ANN ARBOR reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 406,475,000 | 413,518,000 | 415,574,000 | 407,437,000 |
| Total loans | 270,605,000 | 263,413,000 | 268,523,000 | 273,624,000 |
| Allowance for loan losses | 2,045,000 | 2,182,000 | 2,335,000 | 2,567,000 |
| Securities available for sale | 90,775,000 | 93,597,000 | 108,909,000 | 98,712,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 342,117,000 | 352,476,000 | 354,434,000 | 348,835,000 |
| Interest-bearing deposits | 277,204,000 | 324,442,000 | 329,704,000 | 322,417,000 |
| Noninterest-bearing deposits | 64,913,000 | 28,034,000 | 24,730,000 | 26,418,000 |
| Equity capital | 32,183,000 | 31,707,000 | 33,834,000 | 34,543,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 4,462,000 | 9,112,000 | 14,028,000 | 19,134,000 |
| Interest expense | 1,113,000 | 2,206,000 | 3,362,000 | 4,669,000 |
| Net interest income | 3,349,000 | 6,906,000 | 10,666,000 | 14,465,000 |
| Noninterest income | 1,478,000 | 3,058,000 | 4,394,000 | 5,723,000 |
| Noninterest expense | 3,206,000 | 6,502,000 | 9,553,000 | 12,812,000 |
| Provision for loan losses | 165,000 | 300,000 | 549,000 | 850,000 |
| Pretax income | 1,456,000 | 3,350,000 | 5,241,000 | 6,809,000 |
| Income tax | 403,000 | 974,000 | 1,520,000 | 1,965,000 |
| Net income | 1,053,000 | 2,376,000 | 3,721,000 | 4,844,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,252,000 | 32,275,000 | 33,620,000 | 34,384,000 |
| Total capital | 33,297,000 | 34,457,000 | 35,955,000 | 36,951,000 |
| Risk-weighted assets | 318,287,000 | 317,202,000 | 343,574,000 | 325,086,000 |