Call report 2016Q1
BANK MICHIGAN — 2016Q1
The 22 measures BANK MICHIGAN reported to the FFIEC for 2016Q1, each linked to its source filing.
Balance sheet
What the bank holds and owes at quarter end
| Measure | Value | Unit | Source |
|---|---|---|---|
| Total assets | 65,195,000 | USD | evidence → |
| Total loans | 48,341,000 | USD | evidence → |
| Allowance for loan losses | 1,229,000 | USD | evidence → |
| Securities available for sale | 1,618,000 | USD | evidence → |
| Securities held to maturity | 0 | USD | evidence → |
| Trading assets | 0 | USD | evidence → |
| Total deposits | 61,252,000 | USD | evidence → |
| Interest-bearing deposits | 47,253,000 | USD | evidence → |
| Noninterest-bearing deposits | 13,999,000 | USD | evidence → |
| Equity capital | 3,807,000 | 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 | 705,000 | USD | evidence → |
| Interest expense | 55,000 | USD | evidence → |
| Net interest income | 650,000 | USD | evidence → |
| Noninterest income | 145,000 | USD | evidence → |
| Noninterest expense | 926,000 | USD | evidence → |
| Provision for loan losses | 30,000 | USD | evidence → |
| Pretax income | -161,000 | USD | evidence → |
| Income tax | 0 | USD | evidence → |
| Net income | -161,000 | USD | evidence → |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | Value | Unit | Source |
|---|---|---|---|
| Tier 1 capital | 3,807,000 | USD | evidence → |
| Total capital | 4,421,000 | USD | evidence → |
| Risk-weighted assets | 48,531,000 | USD | evidence → |