Call reports 2012
FIRSTBANK - WEST MICHIGAN — 2012
What FIRSTBANK - WEST MICHIGAN reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 211,712,000 | 197,845,000 | 203,334,000 | 206,501,000 |
| Total loans | 117,896,000 | 117,605,000 | 117,919,000 | 116,579,000 |
| Allowance for loan losses | 3,231,000 | 3,010,000 | 2,968,000 | 2,564,000 |
| Securities available for sale | 46,321,000 | 42,428,000 | 47,814,000 | 47,097,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 170,930,000 | 162,687,000 | 166,958,000 | 169,665,000 |
| Interest-bearing deposits | 147,596,000 | 138,007,000 | 141,638,000 | 144,574,000 |
| Noninterest-bearing deposits | 23,334,000 | 24,680,000 | 25,320,000 | 25,091,000 |
| Equity capital | 35,389,000 | 29,679,000 | 29,822,000 | 30,049,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,976,000 | 3,928,000 | 5,869,000 | 7,711,000 |
| Interest expense | 223,000 | 428,000 | 618,000 | 789,000 |
| Net interest income | 1,753,000 | 3,500,000 | 5,251,000 | 6,922,000 |
| Noninterest income | 364,000 | 724,000 | 831,000 | 1,302,000 |
| Noninterest expense | 1,709,000 | 3,488,000 | 5,135,000 | 7,000,000 |
| Provision for loan losses | 150,000 | 300,000 | 400,000 | 300,000 |
| Pretax income | 258,000 | 440,000 | 551,000 | 928,000 |
| Income tax | 61,000 | 32,000 | 47,000 | 137,000 |
| Net income | 197,000 | 408,000 | 504,000 | 791,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,870,000 | 13,181,000 | 13,359,000 | 13,729,000 |
| Total capital | 20,354,000 | 14,652,000 | 14,881,000 | 15,226,000 |
| Risk-weighted assets | 116,969,000 | 116,170,000 | 120,326,000 | 118,658,000 |