Call reports 2005
FIRSTBANK - WEST MICHIGAN — 2005
What FIRSTBANK - WEST MICHIGAN reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 227,811,000 | 225,590,000 | 230,829,000 | 233,272,000 |
| Total loans | 179,122,000 | 176,017,000 | 180,467,000 | 182,604,000 |
| Allowance for loan losses | 2,333,000 | 2,290,000 | 2,319,000 | 2,362,000 |
| Securities available for sale | 30,292,000 | 29,083,000 | 31,470,000 | 30,512,000 |
| Securities held to maturity | 2,351,000 | 2,149,000 | 2,149,000 | 2,010,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,533,000 | 178,126,000 | 177,253,000 | 177,173,000 |
| Interest-bearing deposits | 151,115,000 | 157,226,000 | 156,319,000 | 157,334,000 |
| Noninterest-bearing deposits | 19,418,000 | 20,900,000 | 20,934,000 | 19,839,000 |
| Equity capital | 21,215,000 | 21,582,000 | 21,718,000 | 21,606,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 3,210,000 | 6,473,000 | 9,833,000 | 13,342,000 |
| Interest expense | 1,119,000 | 2,299,000 | 3,557,000 | 4,918,000 |
| Net interest income | 2,091,000 | 4,174,000 | 6,276,000 | 8,424,000 |
| Noninterest income | 799,000 | 1,311,000 | 1,892,000 | 2,348,000 |
| Noninterest expense | 1,940,000 | 3,829,000 | 5,807,000 | 7,570,000 |
| Provision for loan losses | 72,000 | 138,000 | 300,000 | 455,000 |
| Pretax income | 878,000 | 1,518,000 | 2,061,000 | 2,747,000 |
| Income tax | 212,000 | 355,000 | 471,000 | 678,000 |
| Net income | 666,000 | 1,163,000 | 1,590,000 | 2,069,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,777,000 | 20,988,000 | 21,148,000 | 21,330,000 |
| Total capital | 22,770,000 | 22,957,000 | 23,140,000 | 23,340,000 |
| Risk-weighted assets | 159,124,000 | 157,164,000 | 159,020,000 | 160,460,000 |