Call reports 2008
BANK OF ANN ARBOR — 2008
What BANK OF ANN ARBOR reported to the FFIEC in 2008, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Total assets | 473,721,000 | 485,814,000 | 471,489,000 | 489,167,000 |
| Total loans | 333,311,000 | 330,516,000 | 341,124,000 | 362,215,000 |
| Allowance for loan losses | 4,394,000 | 3,675,000 | 4,024,000 | 4,012,000 |
| Securities available for sale | 88,664,000 | 75,770,000 | 71,827,000 | 80,261,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 407,298,000 | 415,437,000 | 403,012,000 | 414,692,000 |
| Interest-bearing deposits | 347,458,000 | 355,350,000 | 342,190,000 | 353,997,000 |
| Noninterest-bearing deposits | 59,840,000 | 60,087,000 | 60,822,000 | 60,695,000 |
| Equity capital | 37,230,000 | 37,520,000 | 37,882,000 | 38,028,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Interest income | 6,555,000 | 12,709,000 | 18,926,000 | 25,067,000 |
| Interest expense | 2,920,000 | 5,157,000 | 7,269,000 | 8,898,000 |
| Net interest income | 3,635,000 | 7,552,000 | 11,657,000 | 16,169,000 |
| Noninterest income | 1,965,000 | 3,991,000 | 5,562,000 | 7,003,000 |
| Noninterest expense | 3,762,000 | 7,474,000 | 10,759,000 | 15,035,000 |
| Provision for loan losses | 1,450,000 | 2,125,000 | 3,225,000 | 5,625,000 |
| Pretax income | 388,000 | 1,944,000 | 3,235,000 | 2,512,000 |
| Income tax | 33,000 | 433,000 | 752,000 | 345,000 |
| Net income | 355,000 | 1,511,000 | 2,483,000 | 2,167,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2008Q1 | 2008Q2 | 2008Q3 | 2008Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,273,000 | 38,504,000 | 39,326,000 | 38,423,000 |
| Total capital | 41,667,000 | 42,179,000 | 43,350,000 | 42,435,000 |
| Risk-weighted assets | 378,734,000 | 384,709,000 | 382,950,000 | 395,747,000 |