Call report 2008Q2
MICHIGAN HERITAGE BANK — 2008Q2
The 22 measures MICHIGAN HERITAGE BANK reported to the FFIEC for 2008Q2, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 178,792,000 | USD | evidence → |
| Total loans | 139,605,000 | USD | evidence → |
| Allowance for loan losses | 6,157,000 | USD | evidence → |
| Securities available for sale | 31,720,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 147,560,000 | USD | evidence → |
| Interest-bearing deposits | 141,005,000 | USD | evidence → |
| Noninterest-bearing deposits | 6,555,000 | USD | evidence → |
| Equity capital | 10,579,000 | 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 | 6,081,000 | USD | evidence → |
| Interest expense | 3,344,000 | USD | evidence → |
| Net interest income | 2,737,000 | USD | evidence → |
| Noninterest income | 121,000 | USD | evidence → |
| Noninterest expense | 3,359,000 | USD | evidence → |
| Provision for loan losses | 5,860,000 | USD | evidence → |
| Pretax income | -6,343,000 | USD | evidence → |
| Income tax | -2,161,000 | USD | evidence → |
| Net income | -4,182,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 9,246,000 | USD | evidence → |
| Total capital | 11,238,000 | USD | evidence → |
| Risk-weighted assets | 155,181,000 | USD | evidence → |