Call reports 2013
NORTHERN MICHIGAN BANK & TRUST — 2013
What NORTHERN MICHIGAN BANK & TRUST reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 233,382,000 | 230,790,000 | 226,972,000 | 228,364,000 |
| Total loans | 161,297,000 | 163,170,000 | 161,982,000 | 166,626,000 |
| Allowance for loan losses | 3,026,000 | 2,547,000 | 2,724,000 | 2,725,000 |
| Securities available for sale | 41,123,000 | 40,838,000 | 42,098,000 | 42,906,000 |
| Securities held to maturity | 1,567,000 | 1,464,000 | 1,464,000 | 1,457,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 211,847,000 | 209,731,000 | 206,049,000 | 207,827,000 |
| Interest-bearing deposits | 190,251,000 | 186,269,000 | 182,121,000 | 178,370,000 |
| Noninterest-bearing deposits | 21,596,000 | 23,462,000 | 23,928,000 | 29,457,000 |
| Equity capital | 19,114,000 | 18,501,000 | 18,227,000 | 17,968,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,355,000 | 4,722,000 | 7,108,000 | 9,442,000 |
| Interest expense | 395,000 | 765,000 | 1,117,000 | 1,449,000 |
| Net interest income | 1,960,000 | 3,957,000 | 5,991,000 | 7,993,000 |
| Noninterest income | 737,000 | 1,500,000 | 2,042,000 | 2,757,000 |
| Noninterest expense | 2,154,000 | 4,314,000 | 6,441,000 | 9,139,000 |
| Provision for loan losses | 120,000 | 240,000 | 430,000 | 430,000 |
| Pretax income | 445,000 | 985,000 | 1,244,000 | 1,268,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 445,000 | 985,000 | 1,244,000 | 1,268,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,731,000 | 17,948,000 | 17,884,000 | 17,758,000 |
| Total capital | 20,058,000 | 20,288,000 | 20,199,000 | 20,107,000 |
| Risk-weighted assets | 185,447,000 | 186,958,000 | 184,798,000 | 187,512,000 |