Call reports 2015
MACKINAC SAVINGS BANK, F.S.B. — 2015
What MACKINAC SAVINGS BANK, F.S.B. reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 109,099,000 | 111,816,000 | 108,505,000 | 106,978,000 |
| Total loans | 46,517,000 | 51,086,000 | 52,562,000 | 56,332,000 |
| Allowance for loan losses | 587,000 | 592,000 | 596,000 | 592,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 99,822,000 | 99,789,000 | 97,859,000 | 97,534,000 |
| Interest-bearing deposits | 97,651,000 | 96,663,000 | 94,886,000 | 95,094,000 |
| Noninterest-bearing deposits | 2,171,000 | 3,126,000 | 2,973,000 | 2,440,000 |
| Equity capital | 8,670,000 | 8,680,000 | 8,787,000 | 8,891,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 732,000 | 1,469,000 | 2,219,000 | 2,999,000 |
| Interest expense | 117,000 | 234,000 | 354,000 | 473,000 |
| Net interest income | 615,000 | 1,235,000 | 1,865,000 | 2,526,000 |
| Noninterest income | 710,000 | 1,313,000 | 1,847,000 | 2,285,000 |
| Noninterest expense | 1,319,000 | 2,531,000 | 3,588,000 | 4,604,000 |
| Provision for loan losses | 4,000 | 5,000 | 5,000 | -16,000 |
| Pretax income | 2,000 | 12,000 | 119,000 | 223,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 2,000 | 12,000 | 119,000 | 223,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,667,000 | 8,635,000 | 8,704,000 | 8,771,000 |
| Total capital | 8,995,000 | 8,996,000 | 9,055,000 | 9,150,000 |
| Risk-weighted assets | 25,984,000 | 28,603,000 | 27,786,000 | 30,026,000 |