Call reports 2004
FIRSTBANK - WEST MICHIGAN — 2004
What FIRSTBANK - WEST MICHIGAN reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 227,377,000 | 233,392,000 | 233,254,000 | 232,511,000 |
| Total loans | 177,647,000 | 183,522,000 | 183,377,000 | 182,159,000 |
| Allowance for loan losses | 2,262,000 | 2,343,000 | 2,344,000 | 2,358,000 |
| Securities available for sale | 30,503,000 | 30,929,000 | 30,171,000 | 30,124,000 |
| Securities held to maturity | 3,108,000 | 2,529,000 | 2,530,000 | 2,350,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,521,000 | 178,518,000 | 174,589,000 | 170,150,000 |
| Interest-bearing deposits | 159,394,000 | 161,436,000 | 155,635,000 | 149,697,000 |
| Noninterest-bearing deposits | 16,127,000 | 17,082,000 | 18,954,000 | 20,453,000 |
| Equity capital | 20,810,000 | 20,369,000 | 21,019,000 | 21,104,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 3,133,000 | 6,295,000 | 9,516,000 | 12,776,000 |
| Interest expense | 1,011,000 | 2,023,000 | 3,071,000 | 4,151,000 |
| Net interest income | 2,122,000 | 4,272,000 | 6,445,000 | 8,625,000 |
| Noninterest income | 492,000 | 1,158,000 | 1,775,000 | 2,407,000 |
| Noninterest expense | 2,016,000 | 3,983,000 | 6,127,000 | 8,216,000 |
| Provision for loan losses | 37,000 | 198,000 | 296,000 | 437,000 |
| Pretax income | 598,000 | 1,325,000 | 1,885,000 | 2,467,000 |
| Income tax | 140,000 | 325,000 | 433,000 | 549,000 |
| Net income | 458,000 | 1,000,000 | 1,452,000 | 1,918,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,730,000 | 19,996,000 | 20,187,000 | 20,387,000 |
| Total capital | 21,701,000 | 22,023,000 | 22,225,000 | 22,428,000 |
| Risk-weighted assets | 157,350,000 | 161,835,000 | 162,767,000 | 162,994,000 |