Call reports 2012
NORTHERN MICHIGAN BANK & TRUST — 2012
What NORTHERN MICHIGAN BANK & TRUST reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 222,825,000 | 223,206,000 | 222,674,000 | 228,085,000 |
| Total loans | 155,243,000 | 156,228,000 | 155,666,000 | 158,360,000 |
| Allowance for loan losses | 2,722,000 | 2,826,000 | 2,945,000 | 2,905,000 |
| Securities available for sale | 44,203,000 | 39,475,000 | 37,322,000 | 40,054,000 |
| Securities held to maturity | 1,678,000 | 1,574,000 | 1,574,000 | 1,567,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 202,032,000 | 201,637,000 | 200,609,000 | 206,442,000 |
| Interest-bearing deposits | 180,030,000 | 179,395,000 | 177,809,000 | 182,778,000 |
| Noninterest-bearing deposits | 22,002,000 | 22,242,000 | 22,800,000 | 23,664,000 |
| Equity capital | 18,447,000 | 19,066,000 | 19,450,000 | 19,239,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 2,626,000 | 5,215,000 | 7,771,000 | 10,168,000 |
| Interest expense | 492,000 | 954,000 | 1,415,000 | 1,844,000 |
| Net interest income | 2,134,000 | 4,261,000 | 6,356,000 | 8,324,000 |
| Noninterest income | 597,000 | 1,308,000 | 2,048,000 | 2,911,000 |
| Noninterest expense | 2,042,000 | 4,030,000 | 6,073,000 | 8,391,000 |
| Provision for loan losses | 120,000 | 240,000 | 360,000 | 480,000 |
| Pretax income | 569,000 | 1,301,000 | 1,973,000 | 2,368,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 569,000 | 1,301,000 | 1,973,000 | 2,368,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,859,000 | 17,249,000 | 17,570,000 | 17,611,000 |
| Total capital | 19,138,000 | 19,507,000 | 19,789,000 | 19,882,000 |
| Risk-weighted assets | 181,872,000 | 180,063,000 | 176,833,000 | 180,987,000 |