Call reports 2016
NORTHERN MICHIGAN BANK & TRUST — 2016
What NORTHERN MICHIGAN BANK & TRUST reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 253,813,000 | 252,547,000 | 251,144,000 | 253,066,000 |
| Total loans | 166,657,000 | 169,986,000 | 167,334,000 | 165,612,000 |
| Allowance for loan losses | 60,000 | 245,000 | 342,000 | 464,000 |
| Securities available for sale | 50,296,000 | 47,101,000 | 45,213,000 | 42,309,000 |
| Securities held to maturity | 1,242,000 | 1,139,000 | 1,139,000 | 1,139,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 217,811,000 | 215,620,000 | 213,616,000 | 215,972,000 |
| Interest-bearing deposits | 187,233,000 | 181,011,000 | 175,846,000 | 173,787,000 |
| Noninterest-bearing deposits | 30,578,000 | 34,609,000 | 37,770,000 | 42,185,000 |
| Equity capital | 32,803,000 | 33,494,000 | 34,026,000 | 33,776,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 836,000 | 3,362,000 | 5,953,000 | 8,388,000 |
| Interest expense | 26,000 | 93,000 | 156,000 | 213,000 |
| Net interest income | 810,000 | 3,269,000 | 5,797,000 | 8,175,000 |
| Noninterest income | 257,000 | 915,000 | 1,571,000 | 2,283,000 |
| Noninterest expense | 779,000 | 2,954,000 | 5,170,000 | 7,499,000 |
| Provision for loan losses | 60,000 | 240,000 | 440,000 | 620,000 |
| Pretax income | 228,000 | 990,000 | 1,758,000 | 2,339,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 228,000 | 990,000 | 1,758,000 | 2,339,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,709,000 | 21,158,000 | 21,987,000 | 22,628,000 |
| Total capital | 20,769,000 | 21,403,000 | 22,329,000 | 23,092,000 |
| Risk-weighted assets | 196,477,000 | 192,002,000 | 194,632,000 | 185,884,000 |