Call reports 2009
ANN ARBOR STATE BANK — 2009
What ANN ARBOR STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 24,892,000 | 43,880,000 | 57,292,000 | 71,376,000 |
| Total loans | 3,763,000 | 18,440,000 | 35,417,000 | 47,263,000 |
| Allowance for loan losses | 47,000 | 227,000 | 439,000 | 547,000 |
| Securities available for sale | 9,714,000 | 11,258,000 | 14,960,000 | 17,591,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 14,129,000 | 33,624,000 | 44,341,000 | 58,285,000 |
| Interest-bearing deposits | 12,733,000 | 30,184,000 | 39,617,000 | 47,755,000 |
| Noninterest-bearing deposits | 1,396,000 | 3,440,000 | 4,724,000 | 10,530,000 |
| Equity capital | 10,686,000 | 10,104,000 | 9,834,000 | 9,725,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 125,000 | 448,000 | 1,099,000 | 1,966,000 |
| Interest expense | 27,000 | 134,000 | 275,000 | 451,000 |
| Net interest income | 98,000 | 314,000 | 824,000 | 1,515,000 |
| Noninterest income | 2,000 | 59,000 | 131,000 | 225,000 |
| Noninterest expense | 606,000 | 1,285,000 | 2,057,000 | 2,746,000 |
| Provision for loan losses | 47,000 | 227,000 | 439,000 | 547,000 |
| Pretax income | -553,000 | -1,139,000 | -1,541,000 | -1,552,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -553,000 | -1,139,000 | -1,541,000 | -1,552,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,764,000 | 10,178,000 | 9,776,000 | 9,745,000 |
| Total capital | 10,811,000 | 10,405,000 | 10,215,000 | 10,292,000 |
| Risk-weighted assets | 10,929,000 | 38,366,000 | 49,533,000 | 57,684,000 |