Call reports 2013
ANN ARBOR STATE BANK — 2013
What ANN ARBOR STATE BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 181,838,000 | 188,767,000 | 211,522,000 | 206,402,000 |
| Total loans | 97,599,000 | 113,655,000 | 115,088,000 | 116,895,000 |
| Allowance for loan losses | 1,085,000 | 1,100,000 | 1,100,000 | 1,100,000 |
| Securities available for sale | 68,399,000 | 66,926,000 | 71,265,000 | 74,059,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 150,926,000 | 155,670,000 | 174,714,000 | 169,458,000 |
| Interest-bearing deposits | 119,450,000 | 120,530,000 | 136,735,000 | 128,095,000 |
| Noninterest-bearing deposits | 31,476,000 | 35,140,000 | 37,979,000 | 41,363,000 |
| Equity capital | 21,091,000 | 20,271,000 | 21,429,000 | 21,530,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,800,000 | 3,786,000 | 5,903,000 | 7,977,000 |
| Interest expense | 239,000 | 467,000 | 715,000 | 964,000 |
| Net interest income | 1,561,000 | 3,319,000 | 5,188,000 | 7,013,000 |
| Noninterest income | 467,000 | 908,000 | 1,350,000 | 1,780,000 |
| Noninterest expense | 1,420,000 | 3,184,000 | 4,084,000 | 5,605,000 |
| Provision for loan losses | 0 | 15,000 | 15,000 | 15,000 |
| Pretax income | 671,000 | 1,138,000 | 2,557,000 | 3,385,000 |
| Income tax | 171,000 | 385,000 | 622,000 | 864,000 |
| Net income | 500,000 | 753,000 | 1,935,000 | 2,521,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,884,000 | 20,147,000 | 21,339,000 | 21,686,000 |
| Total capital | 20,969,000 | 21,247,000 | 22,439,000 | 22,786,000 |
| Risk-weighted assets | 114,055,000 | 125,672,000 | 132,820,000 | 136,861,000 |