Call report 2008Q1
BANK MICHIGAN — 2008Q1
The 22 measures BANK MICHIGAN reported to the FFIEC for 2008Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 57,564,000 | USD | evidence → |
| Total loans | 36,395,000 | USD | evidence → |
| Allowance for loan losses | 578,000 | USD | evidence → |
| Securities available for sale | 9,772,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 50,558,000 | USD | evidence → |
| Interest-bearing deposits | 42,644,000 | USD | evidence → |
| Noninterest-bearing deposits | 7,914,000 | USD | evidence → |
| Equity capital | 6,731,000 | USD | evidence → |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | Value | Unit | Source |
|---|---|---|---|
| Interest income | 836,000 | USD | evidence → |
| Interest expense | 239,000 | USD | evidence → |
| Net interest income | 597,000 | USD | evidence → |
| Noninterest income | 155,000 | USD | evidence → |
| Noninterest expense | 674,000 | USD | evidence → |
| Provision for loan losses | 15,000 | USD | evidence → |
| Pretax income | 63,000 | USD | evidence → |
| Income tax | 12,000 | USD | evidence → |
| Net income | 51,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 6,559,000 | USD | evidence → |
| Total capital | 7,131,000 | USD | evidence → |
| Risk-weighted assets | 45,775,000 | USD | evidence → |