Call reports 2016
ANN ARBOR STATE BANK — 2016
What ANN ARBOR STATE BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 259,152,000 | 263,038,000 | 270,522,000 | 269,297,000 |
| Total loans | 157,174,000 | 169,054,000 | 178,156,000 | 180,173,000 |
| Allowance for loan losses | 1,183,000 | 1,273,000 | 1,338,000 | 1,378,000 |
| Securities available for sale | 74,575,000 | 71,214,000 | 66,753,000 | 69,333,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 215,867,000 | 213,364,000 | 221,365,000 | 221,315,000 |
| Interest-bearing deposits | 158,935,000 | 157,150,000 | 162,592,000 | 160,472,000 |
| Noninterest-bearing deposits | 56,932,000 | 56,214,000 | 58,773,000 | 60,843,000 |
| Equity capital | 28,558,000 | 29,976,000 | 30,573,000 | 29,584,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,395,000 | 4,856,000 | 7,372,000 | 9,947,000 |
| Interest expense | 241,000 | 491,000 | 752,000 | 1,009,000 |
| Net interest income | 2,154,000 | 4,365,000 | 6,620,000 | 8,938,000 |
| Noninterest income | 516,000 | 1,221,000 | 2,060,000 | 2,665,000 |
| Noninterest expense | 1,576,000 | 2,944,000 | 5,051,000 | 7,115,000 |
| Provision for loan losses | 64,000 | 154,000 | 219,000 | 259,000 |
| Pretax income | 1,088,000 | 2,620,000 | 3,576,000 | 4,438,000 |
| Income tax | 267,000 | 599,000 | 937,000 | 1,227,000 |
| Net income | 821,000 | 2,021,000 | 2,639,000 | 3,211,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,673,000 | 28,884,000 | 29,515,000 | 29,797,000 |
| Total capital | 28,872,000 | 30,186,000 | 30,878,000 | 31,175,000 |
| Risk-weighted assets | 186,454,000 | 200,258,000 | 214,842,000 | 216,784,000 |