Call reports 2006
NORTHERN MICHIGAN BANK & TRUST — 2006
What NORTHERN MICHIGAN BANK & TRUST reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 170,309,000 | 173,486,000 | 175,646,000 | 178,861,000 |
| Total loans | 132,849,000 | 133,168,000 | 132,925,000 | 132,760,000 |
| Allowance for loan losses | 2,205,000 | 2,271,000 | 2,181,000 | 2,171,000 |
| Securities available for sale | 18,201,000 | 15,749,000 | 23,525,000 | 25,847,000 |
| Securities held to maturity | 588,000 | 589,000 | 589,000 | 581,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,724,000 | 156,499,000 | 158,061,000 | 160,941,000 |
| Interest-bearing deposits | 134,028,000 | 133,975,000 | 137,044,000 | 139,646,000 |
| Noninterest-bearing deposits | 19,696,000 | 22,524,000 | 21,017,000 | 21,295,000 |
| Equity capital | 14,130,000 | 14,259,000 | 14,738,000 | 15,158,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 2,728,000 | 5,585,000 | 8,651,000 | 11,718,000 |
| Interest expense | 967,000 | 1,990,000 | 3,142,000 | 4,381,000 |
| Net interest income | 1,761,000 | 3,595,000 | 5,509,000 | 7,337,000 |
| Noninterest income | 587,000 | 1,204,000 | 1,786,000 | 2,404,000 |
| Noninterest expense | 1,943,000 | 3,827,000 | 5,654,000 | 7,509,000 |
| Provision for loan losses | 75,000 | 150,000 | 150,000 | 150,000 |
| Pretax income | 330,000 | 822,000 | 1,491,000 | 2,082,000 |
| Income tax | 11,000 | 11,000 | 11,000 | 11,000 |
| Net income | 319,000 | 811,000 | 1,480,000 | 2,071,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,270,000 | 14,472,000 | 14,751,000 | 15,050,000 |
| Total capital | 16,107,000 | 16,315,000 | 16,652,000 | 16,990,000 |
| Risk-weighted assets | 146,622,000 | 146,983,000 | 151,800,000 | 154,991,000 |