Call reports 2015
NORTHERN MICHIGAN BANK & TRUST — 2015
What NORTHERN MICHIGAN BANK & TRUST reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 249,095,000 | 249,891,000 | 243,520,000 | 243,421,000 |
| Total loans | 158,300,000 | 160,521,000 | 161,500,000 | 164,918,000 |
| Allowance for loan losses | 3,045,000 | 2,701,000 | 2,705,000 | 2,825,000 |
| Securities available for sale | 58,933,000 | 55,352,000 | 57,047,000 | 52,982,000 |
| Securities held to maturity | 1,346,000 | 1,243,000 | 1,242,000 | 1,242,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 223,152,000 | 222,968,000 | 219,175,000 | 219,489,000 |
| Interest-bearing deposits | 192,825,000 | 197,728,000 | 189,021,000 | 182,396,000 |
| Noninterest-bearing deposits | 30,327,000 | 25,240,000 | 30,154,000 | 37,093,000 |
| Equity capital | 20,675,000 | 20,632,000 | 21,269,000 | 21,239,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,315,000 | 4,676,000 | 6,949,000 | 9,335,000 |
| Interest expense | 246,000 | 481,000 | 706,000 | 917,000 |
| Net interest income | 2,069,000 | 4,195,000 | 6,243,000 | 8,418,000 |
| Noninterest income | 652,000 | 1,342,000 | 2,061,000 | 2,702,000 |
| Noninterest expense | 2,236,000 | 4,508,000 | 6,684,000 | 8,946,000 |
| Provision for loan losses | 120,000 | 122,000 | 242,000 | 362,000 |
| Pretax income | 365,000 | 907,000 | 1,378,000 | 1,827,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 365,000 | 907,000 | 1,378,000 | 1,827,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,540,000 | 20,082,000 | 20,364,000 | 20,702,000 |
| Total capital | 21,922,000 | 22,384,000 | 22,628,000 | 22,988,000 |
| Risk-weighted assets | 189,916,000 | 183,768,000 | 180,661,000 | 182,386,000 |