Call reports 2011
NORTHERN MICHIGAN BANK & TRUST — 2011
What NORTHERN MICHIGAN BANK & TRUST reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 217,751,000 | 217,924,000 | 223,996,000 | 224,526,000 |
| Total loans | 145,358,000 | 152,573,000 | 154,237,000 | 153,114,000 |
| Allowance for loan losses | 2,345,000 | 2,313,000 | 2,213,000 | 2,628,000 |
| Securities available for sale | 47,067,000 | 42,730,000 | 40,948,000 | 42,506,000 |
| Securities held to maturity | 1,789,000 | 1,685,000 | 1,685,000 | 1,678,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 195,319,000 | 196,425,000 | 201,933,000 | 203,679,000 |
| Interest-bearing deposits | 176,244,000 | 175,191,000 | 178,474,000 | 180,295,000 |
| Noninterest-bearing deposits | 19,075,000 | 21,234,000 | 23,459,000 | 23,384,000 |
| Equity capital | 19,767,000 | 18,632,000 | 18,994,000 | 18,459,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,565,000 | 5,137,000 | 7,768,000 | 10,269,000 |
| Interest expense | 574,000 | 1,137,000 | 1,686,000 | 2,208,000 |
| Net interest income | 1,991,000 | 4,000,000 | 6,082,000 | 8,061,000 |
| Noninterest income | 625,000 | 1,259,000 | 1,891,000 | 2,559,000 |
| Noninterest expense | 1,964,000 | 3,869,000 | 5,772,000 | 7,965,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 600,000 |
| Pretax income | 577,000 | 1,240,000 | 1,976,000 | 2,055,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 577,000 | 1,240,000 | 1,976,000 | 2,055,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,736,000 | 17,098,000 | 17,227,000 | 16,630,000 |
| Total capital | 20,853,000 | 19,289,000 | 19,440,000 | 18,833,000 |
| Risk-weighted assets | 169,164,000 | 175,179,000 | 177,083,000 | 175,831,000 |