Call reports 2011

FIRST STATE BANK OF MICHIGAN — 2011

Name: FIRST STATE BANK OF MICHIGAN — FFIEC call report 2011
Creator: FIRST STATE BANK OF MICHIGAN

What FIRST STATE BANK OF MICHIGAN reported to the FFIEC in 2011, quarter by quarter.

PERIOD: 2011SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/dada7de2-90c9-46ff-8e95-6c4d235b9824/2011

Balance sheet

What the bank holds and owes at quarter end

Measure	2011Q1	2011Q2	2011Q3	2011Q4
Total assets	57,797,000	55,789,000	58,273,000	56,167,000
Total loans	34,265,000	33,402,000	33,046,000	32,848,000
Allowance for loan losses	690,000	573,000	571,000	513,000
Securities available for sale	15,711,000	15,508,000	15,136,000	14,872,000
Securities held to maturity	1,022,000	822,000	821,000	823,000
Trading assets	0	0	0	0
Total deposits	47,622,000	45,482,000	47,658,000	45,403,000
Interest-bearing deposits	43,924,000	41,925,000	43,614,000	41,172,000
Noninterest-bearing deposits	3,698,000	3,557,000	4,044,000	4,231,000
Equity capital	9,759,000	10,013,000	10,290,000	10,300,000

Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year

Measure	2011Q1	2011Q2	2011Q3	2011Q4
Interest income	632,000	1,238,000	1,854,000	2,508,000
Interest expense	139,000	269,000	392,000	509,000
Net interest income	493,000	969,000	1,462,000	1,999,000
Noninterest income	46,000	124,000	193,000	204,000
Noninterest expense	394,000	816,000	1,196,000	1,589,000
Provision for loan losses	55,000	55,000	55,000	65,000
Pretax income	90,000	222,000	404,000	549,000
Income tax	10,000	35,000	49,000	45,000
Net income	80,000	187,000	355,000	504,000

Basel measures — not reported for every quarter

Measure	2011Q1	2011Q2	2011Q3	2011Q4
Tier 1 capital	9,764,000	9,871,000	10,038,000	10,066,000
Total capital	10,116,000	10,209,000	10,373,000	10,401,000
Risk-weighted assets	27,843,000	26,801,000	26,576,000	26,582,000