Call reports 2012
STURGIS BANK & TRUST COMPANY — 2012
What STURGIS BANK & TRUST COMPANY 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 | 326,420,000 | 312,357,000 | 317,459,000 | 316,902,000 |
| Total loans | 257,918,000 | 256,697,000 | 260,294,000 | 255,919,000 |
| Allowance for loan losses | 5,782,000 | 5,455,000 | 5,474,000 | 5,138,000 |
| Securities available for sale | 265,000 | 1,222,000 | 1,244,000 | 1,242,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,552,000 | 231,947,000 | 236,190,000 | 234,941,000 |
| Interest-bearing deposits | 208,096,000 | 194,892,000 | 193,510,000 | 193,662,000 |
| Noninterest-bearing deposits | 37,456,000 | 37,055,000 | 42,680,000 | 41,279,000 |
| Equity capital | 29,551,000 | 30,025,000 | 30,570,000 | 30,884,000 |
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 | 3,239,000 | 6,427,000 | 9,643,000 | 12,820,000 |
| Interest expense | 751,000 | 1,468,000 | 2,177,000 | 2,871,000 |
| Net interest income | 2,488,000 | 4,959,000 | 7,466,000 | 9,949,000 |
| Noninterest income | 1,021,000 | 2,151,000 | 3,289,000 | 4,554,000 |
| Noninterest expense | 2,756,000 | 5,619,000 | 8,442,000 | 11,304,000 |
| Provision for loan losses | 2,000 | -9,000 | 54,000 | 545,000 |
| Pretax income | 751,000 | 1,500,000 | 2,259,000 | 2,654,000 |
| Income tax | 197,000 | 391,000 | 589,000 | 601,000 |
| Net income | 554,000 | 1,109,000 | 1,670,000 | 2,053,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,002,000 | 26,520,000 | 26,880,000 | 27,356,000 |
| Total capital | 28,903,000 | 29,343,000 | 29,713,000 | 30,125,000 |
| Risk-weighted assets | 229,178,000 | 223,255,000 | 224,055,000 | 219,164,000 |