Call reports 2023
BANK OF ANN ARBOR — 2023
What BANK OF ANN ARBOR reported to the FFIEC in 2023, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Total assets | 3,092,901,000 | 3,089,300,000 | 3,078,389,000 | 3,087,990,000 |
| Total loans | 2,305,516,000 | 2,400,605,000 | 2,367,802,000 | 2,411,635,000 |
| Allowance for loan losses | 29,972,000 | 30,093,000 | 30,947,000 | 24,935,000 |
| Securities available for sale | 102,904,000 | 100,038,000 | 97,930,000 | 97,990,000 |
| Securities held to maturity | 211,927,000 | 210,614,000 | 209,272,000 | 205,161,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,570,781,000 | 2,485,546,000 | 2,580,266,000 | 2,557,933,000 |
| Interest-bearing deposits | 1,625,241,000 | 1,521,918,000 | 1,673,917,000 | 1,707,215,000 |
| Noninterest-bearing deposits | 945,540,000 | 963,628,000 | 906,349,000 | 850,718,000 |
| Equity capital | 367,434,000 | 380,105,000 | 386,130,000 | 397,976,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Interest income | 36,386,000 | 73,722,000 | 112,989,000 | 152,354,000 |
| Interest expense | 5,683,000 | 13,796,000 | 23,627,000 | 34,458,000 |
| Net interest income | 30,703,000 | 59,926,000 | 89,362,000 | 117,896,000 |
| Noninterest income | 4,099,000 | 8,231,000 | 12,736,000 | 16,898,000 |
| Noninterest expense | 16,630,000 | 33,253,000 | 49,790,000 | 69,581,000 |
| Provision for loan losses | 1,517,000 | 3,542,000 | 4,496,000 | 7,997,000 |
| Pretax income | 16,130,000 | 32,637,000 | 48,091,000 | 59,196,000 |
| Income tax | 2,695,000 | 6,089,000 | 9,226,000 | 10,950,000 |
| Net income | 13,435,000 | 26,548,000 | 38,865,000 | 48,246,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2023Q1 | 2023Q2 | 2023Q3 | 2023Q4 |
|---|---|---|---|---|
| Tier 1 capital | 307,149,000 | 320,678,000 | 327,213,000 | 336,943,000 |
| Total capital | 341,107,000 | 355,814,000 | 362,522,000 | 366,216,000 |
| Risk-weighted assets | 2,713,762,000 | 2,819,069,000 | 2,823,035,000 | 2,845,536,000 |