Call reports 2021
BANK OF ANN ARBOR — 2021
What BANK OF ANN ARBOR reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 2,389,262,000 | 2,561,328,000 | 2,702,046,000 | 3,348,573,000 |
| Total loans | 1,628,712,000 | 1,535,903,000 | 1,505,673,000 | 1,890,236,000 |
| Allowance for loan losses | 37,998,000 | 35,212,000 | 32,850,000 | 33,289,000 |
| Securities available for sale | 109,127,000 | 137,352,000 | 134,450,000 | 271,054,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,007,559,000 | 2,176,399,000 | 2,301,275,000 | 2,881,072,000 |
| Interest-bearing deposits | 1,866,704,000 | 2,040,054,000 | 2,157,418,000 | 2,624,721,000 |
| Noninterest-bearing deposits | 140,855,000 | 136,345,000 | 143,857,000 | 256,351,000 |
| Equity capital | 217,582,000 | 228,956,000 | 243,757,000 | 331,829,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 19,063,000 | 37,747,000 | 60,387,000 | 81,278,000 |
| Interest expense | 979,000 | 1,921,000 | 2,861,000 | 3,745,000 |
| Net interest income | 18,084,000 | 35,826,000 | 57,526,000 | 77,533,000 |
| Noninterest income | 4,390,000 | 8,331,000 | 12,453,000 | 17,179,000 |
| Noninterest expense | 10,471,000 | 20,919,000 | 30,670,000 | 47,528,000 |
| Provision for loan losses | 1,051,000 | -1,596,000 | -3,919,000 | -3,684,000 |
| Pretax income | 10,952,000 | 24,834,000 | 43,228,000 | 50,868,000 |
| Income tax | 2,257,000 | 5,111,000 | 8,918,000 | 10,517,000 |
| Net income | 8,695,000 | 19,723,000 | 34,310,000 | 40,351,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 202,827,000 | 214,191,000 | 229,100,000 | 268,069,000 |
| Total capital | 222,456,000 | 234,144,000 | 249,784,000 | 294,840,000 |
| Risk-weighted assets | 1,551,923,000 | 1,580,978,000 | 1,642,582,000 | 2,135,159,000 |