Call reports 2012
MACKINAC SAVINGS BANK, F.S.B. — 2012
What MACKINAC SAVINGS BANK, F.S.B. reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 122,154,000 | 119,531,000 | 118,337,000 | 117,983,000 |
| Total loans | 59,868,000 | 58,155,000 | 57,675,000 | 52,797,000 |
| Allowance for loan losses | 579,000 | 583,000 | 574,000 | 532,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,804,000 | 1,718,000 | 1,583,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 111,014,000 | 108,304,000 | 106,827,000 | 106,410,000 |
| Interest-bearing deposits | 109,653,000 | 106,732,000 | 105,396,000 | 104,886,000 |
| Noninterest-bearing deposits | 1,361,000 | 1,572,000 | 1,431,000 | 1,524,000 |
| Equity capital | 8,461,000 | 8,495,000 | 8,625,000 | 8,701,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 935,000 | 1,833,000 | 2,731,000 | 3,596,000 |
| Interest expense | 123,000 | 233,000 | 341,000 | 447,000 |
| Net interest income | 812,000 | 1,600,000 | 2,390,000 | 3,149,000 |
| Noninterest income | 607,000 | 1,302,000 | 2,389,000 | 3,459,000 |
| Noninterest expense | 1,365,000 | 2,728,000 | 4,441,000 | 5,936,000 |
| Provision for loan losses | 45,000 | 131,000 | 165,000 | 167,000 |
| Pretax income | 9,000 | 43,000 | 173,000 | 584,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 9,000 | 43,000 | 173,000 | 584,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,461,000 | 8,495,000 | 8,625,000 | 8,701,000 |
| Total capital | 8,882,000 | 8,899,000 | 9,022,000 | 9,071,000 |
| Risk-weighted assets | 33,522,000 | 32,126,000 | 31,614,000 | 29,416,000 |