Call reports 2005
NORTHERN MICHIGAN BANK & TRUST — 2005
What NORTHERN MICHIGAN BANK & TRUST reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 168,368,000 | 169,872,000 | 172,639,000 | 168,786,000 |
| Total loans | 127,154,000 | 127,118,000 | 134,204,000 | 133,051,000 |
| Allowance for loan losses | 2,102,000 | 2,046,000 | 2,058,000 | 2,139,000 |
| Securities available for sale | 14,995,000 | 19,901,000 | 19,918,000 | 18,710,000 |
| Securities held to maturity | 107,000 | 105,000 | 105,000 | 96,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 148,595,000 | 149,582,000 | 146,840,000 | 144,490,000 |
| Interest-bearing deposits | 128,782,000 | 127,506,000 | 124,822,000 | 125,475,000 |
| Noninterest-bearing deposits | 19,813,000 | 22,076,000 | 22,018,000 | 19,015,000 |
| Equity capital | 13,488,000 | 13,899,000 | 14,162,000 | 14,209,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 2,352,000 | 4,879,000 | 7,554,000 | 10,249,000 |
| Interest expense | 649,000 | 1,350,000 | 2,081,000 | 2,961,000 |
| Net interest income | 1,703,000 | 3,529,000 | 5,473,000 | 7,288,000 |
| Noninterest income | 590,000 | 1,176,000 | 1,729,000 | 2,419,000 |
| Noninterest expense | 1,837,000 | 3,675,000 | 5,512,000 | 7,423,000 |
| Provision for loan losses | 75,000 | 150,000 | 200,000 | 275,000 |
| Pretax income | 381,000 | 880,000 | 1,490,000 | 2,009,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 381,000 | 880,000 | 1,490,000 | 2,009,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,506,000 | 13,838,000 | 14,164,000 | 13,877,000 |
| Total capital | 15,315,000 | 15,639,000 | 16,029,000 | 15,708,000 |
| Risk-weighted assets | 144,460,000 | 143,857,000 | 149,030,000 | 146,160,000 |