Call reports 2001
NORTHERN MICHIGAN BANK & TRUST — 2001
What NORTHERN MICHIGAN BANK & TRUST reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 128,556,000 | 135,907,000 | 136,135,000 | 137,548,000 |
| Total loans | 104,197,000 | 105,340,000 | 108,591,000 | 109,705,000 |
| Allowance for loan losses | 1,223,000 | 1,224,000 | 1,232,000 | 1,367,000 |
| Securities available for sale | 8,579,000 | 9,792,000 | 11,446,000 | 10,394,000 |
| Securities held to maturity | 158,000 | 154,000 | 150,000 | 139,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 113,484,000 | 119,792,000 | 119,376,000 | 117,523,000 |
| Interest-bearing deposits | 102,284,000 | 105,848,000 | 103,662,000 | 100,592,000 |
| Noninterest-bearing deposits | 11,200,000 | 13,944,000 | 15,714,000 | 16,931,000 |
| Equity capital | 9,280,000 | 9,572,000 | 9,995,000 | 10,230,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 2,658,000 | 5,430,000 | 8,197,000 | 10,859,000 |
| Interest expense | 1,204,000 | 2,399,000 | 3,533,000 | 4,464,000 |
| Net interest income | 1,454,000 | 3,031,000 | 4,664,000 | 6,395,000 |
| Noninterest income | 462,000 | 962,000 | 1,478,000 | 2,173,000 |
| Noninterest expense | 1,472,000 | 2,967,000 | 4,458,000 | 6,069,000 |
| Provision for loan losses | 63,000 | 126,000 | 189,000 | 396,000 |
| Pretax income | 381,000 | 900,000 | 1,495,000 | 2,116,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 381,000 | 900,000 | 1,495,000 | 2,116,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,240,000 | 9,495,000 | 9,771,000 | 10,040,000 |
| Total capital | 10,463,000 | 10,719,000 | 11,003,000 | 11,407,000 |
| Risk-weighted assets | 104,358,000 | 106,749,000 | 113,572,000 | 110,897,000 |