Call report 2008Q1
MICHIGAN HERITAGE BANK — 2008Q1
The 22 measures MICHIGAN HERITAGE BANK reported to the FFIEC for 2008Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 188,406,000 | USD | evidence → |
| Total loans | 147,873,000 | USD | evidence → |
| Allowance for loan losses | 2,965,000 | USD | evidence → |
| Securities available for sale | 31,949,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 159,122,000 | USD | evidence → |
| Interest-bearing deposits | 152,262,000 | USD | evidence → |
| Noninterest-bearing deposits | 6,860,000 | USD | evidence → |
| Equity capital | 14,987,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 3,206,000 | USD | evidence → |
| Interest expense | 1,841,000 | USD | evidence → |
| Net interest income | 1,365,000 | USD | evidence → |
| Noninterest income | 102,000 | USD | evidence → |
| Noninterest expense | 1,606,000 | USD | evidence → |
| Provision for loan losses | 120,000 | USD | evidence → |
| Pretax income | -242,000 | USD | evidence → |
| Income tax | -82,000 | USD | evidence → |
| Net income | -160,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 14,768,000 | USD | evidence → |
| Total capital | 16,827,000 | USD | evidence → |
| Risk-weighted assets | 163,783,000 | USD | evidence → |