Call reports 2014
ANN ARBOR STATE BANK — 2014
What ANN ARBOR STATE BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 211,669,000 | 216,141,000 | 232,649,000 | 231,404,000 |
| Total loans | 118,140,000 | 134,052,000 | 130,762,000 | 131,993,000 |
| Allowance for loan losses | 1,100,000 | 1,120,000 | 1,155,000 | 1,200,000 |
| Securities available for sale | 78,090,000 | 71,278,000 | 71,883,000 | 74,979,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 171,379,000 | 172,604,000 | 192,229,000 | 190,897,000 |
| Interest-bearing deposits | 127,329,000 | 128,088,000 | 140,665,000 | 138,136,000 |
| Noninterest-bearing deposits | 44,050,000 | 44,516,000 | 51,564,000 | 52,761,000 |
| Equity capital | 22,303,000 | 23,500,000 | 24,411,000 | 24,630,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 1,999,000 | 4,189,000 | 6,477,000 | 8,677,000 |
| Interest expense | 229,000 | 464,000 | 707,000 | 939,000 |
| Net interest income | 1,770,000 | 3,725,000 | 5,770,000 | 7,738,000 |
| Noninterest income | 265,000 | 583,000 | 1,062,000 | 1,531,000 |
| Noninterest expense | 1,390,000 | 2,577,000 | 3,923,000 | 5,445,000 |
| Provision for loan losses | 0 | 20,000 | 55,000 | 100,000 |
| Pretax income | 697,000 | 1,835,000 | 3,013,000 | 3,931,000 |
| Income tax | 192,000 | 482,000 | 809,000 | 1,069,000 |
| Net income | 505,000 | 1,353,000 | 2,204,000 | 2,862,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,204,000 | 23,063,000 | 23,925,000 | 24,144,000 |
| Total capital | 23,304,000 | 24,183,000 | 25,080,000 | 25,344,000 |
| Risk-weighted assets | 140,081,000 | 151,439,000 | 151,727,000 | 155,214,000 |