Call reports 2009
NORTHERN MICHIGAN BANK & TRUST — 2009
What NORTHERN MICHIGAN BANK & TRUST reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 210,745,000 | 212,608,000 | 216,878,000 | 223,523,000 |
| Total loans | 155,481,000 | 155,046,000 | 152,203,000 | 150,178,000 |
| Allowance for loan losses | 2,105,000 | 1,927,000 | 2,079,000 | 2,213,000 |
| Securities available for sale | 34,553,000 | 38,122,000 | 43,594,000 | 47,969,000 |
| Securities held to maturity | 69,000 | 44,000 | 44,000 | 36,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 189,758,000 | 191,311,000 | 195,317,000 | 201,460,000 |
| Interest-bearing deposits | 171,891,000 | 171,422,000 | 176,073,000 | 180,881,000 |
| Noninterest-bearing deposits | 17,867,000 | 19,889,000 | 19,244,000 | 20,579,000 |
| Equity capital | 18,024,000 | 18,029,000 | 18,529,000 | 18,609,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 3,044,000 | 6,001,000 | 8,832,000 | 11,596,000 |
| Interest expense | 1,075,000 | 2,091,000 | 3,067,000 | 3,973,000 |
| Net interest income | 1,969,000 | 3,910,000 | 5,765,000 | 7,623,000 |
| Noninterest income | 617,000 | 1,321,000 | 1,913,000 | 2,695,000 |
| Noninterest expense | 1,978,000 | 4,030,000 | 6,040,000 | 8,125,000 |
| Provision for loan losses | 125,000 | 250,000 | 405,000 | 525,000 |
| Pretax income | 499,000 | 967,000 | 1,249,000 | 1,684,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 499,000 | 967,000 | 1,249,000 | 1,684,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,979,000 | 17,183,000 | 17,194,000 | 17,349,000 |
| Total capital | 19,084,000 | 19,110,000 | 19,273,000 | 19,527,000 |
| Risk-weighted assets | 173,391,000 | 173,859,000 | 172,312,000 | 174,175,000 |