Call reports 2010
BANK OF ANN ARBOR — 2010
What BANK OF ANN ARBOR reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 547,651,000 | 638,565,000 | 672,289,000 | 690,925,000 |
| Total loans | 374,948,000 | 467,375,000 | 518,540,000 | 489,931,000 |
| Allowance for loan losses | 6,844,000 | 8,104,000 | 7,567,000 | 8,254,000 |
| Securities available for sale | 75,411,000 | 71,302,000 | 53,577,000 | 52,906,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 473,490,000 | 554,915,000 | 589,571,000 | 610,121,000 |
| Interest-bearing deposits | 401,304,000 | 464,674,000 | 477,677,000 | 484,216,000 |
| Noninterest-bearing deposits | 72,186,000 | 90,241,000 | 111,894,000 | 125,905,000 |
| Equity capital | 41,434,000 | 44,050,000 | 46,228,000 | 45,647,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 5,876,000 | 12,746,000 | 20,889,000 | 29,015,000 |
| Interest expense | 1,018,000 | 2,100,000 | 3,148,000 | 4,068,000 |
| Net interest income | 4,858,000 | 10,646,000 | 17,741,000 | 24,947,000 |
| Noninterest income | 2,364,000 | 6,972,000 | 9,904,000 | 13,327,000 |
| Noninterest expense | 5,047,000 | 10,386,000 | 16,892,000 | 25,128,000 |
| Provision for loan losses | 1,500,000 | 3,000,000 | 4,500,000 | 6,000,000 |
| Pretax income | 675,000 | 4,232,000 | 6,253,000 | 7,146,000 |
| Income tax | 91,000 | 1,162,000 | 1,730,000 | 1,826,000 |
| Net income | 584,000 | 3,070,000 | 4,523,000 | 5,320,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,198,000 | 43,571,000 | 45,078,000 | 45,969,000 |
| Total capital | 46,219,000 | 49,009,000 | 50,897,000 | 51,594,000 |
| Risk-weighted assets | 399,866,000 | 432,349,000 | 463,798,000 | 447,348,000 |