Call reports 2010
NORTHERN MICHIGAN BANK & TRUST — 2010
What NORTHERN MICHIGAN BANK & TRUST reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 212,991,000 | 211,734,000 | 212,054,000 | 214,277,000 |
| Total loans | 149,009,000 | 152,986,000 | 149,767,000 | 147,858,000 |
| Allowance for loan losses | 2,227,000 | 2,348,000 | 2,316,000 | 2,373,000 |
| Securities available for sale | 45,822,000 | 37,261,000 | 41,490,000 | 44,844,000 |
| Securities held to maturity | 36,000 | 1,796,000 | 1,796,000 | 1,788,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 191,443,000 | 189,919,000 | 189,536,000 | 191,652,000 |
| Interest-bearing deposits | 171,457,000 | 170,465,000 | 169,127,000 | 172,270,000 |
| Noninterest-bearing deposits | 19,986,000 | 19,454,000 | 20,409,000 | 19,382,000 |
| Equity capital | 18,964,000 | 19,177,000 | 19,931,000 | 19,315,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,653,000 | 5,310,000 | 8,060,000 | 10,785,000 |
| Interest expense | 776,000 | 1,481,000 | 2,162,000 | 2,780,000 |
| Net interest income | 1,877,000 | 3,829,000 | 5,898,000 | 8,005,000 |
| Noninterest income | 561,000 | 1,126,000 | 1,779,000 | 2,479,000 |
| Noninterest expense | 1,885,000 | 3,756,000 | 5,694,000 | 7,944,000 |
| Provision for loan losses | 85,000 | 210,000 | 285,000 | 360,000 |
| Pretax income | 468,000 | 1,088,000 | 1,797,000 | 2,279,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 468,000 | 1,088,000 | 1,797,000 | 2,279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,532,000 | 17,866,000 | 18,291,000 | 18,489,000 |
| Total capital | 19,668,000 | 20,033,000 | 20,434,000 | 20,626,000 |
| Risk-weighted assets | 170,768,000 | 173,170,000 | 171,234,000 | 170,758,000 |