Call reports 2017
ANN ARBOR STATE BANK — 2017
What ANN ARBOR STATE BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 275,408,000 | 289,003,000 | 296,202,000 | 292,028,000 |
| Total loans | 184,439,000 | 198,747,000 | 214,379,000 | 211,496,000 |
| Allowance for loan losses | 1,408,000 | 1,473,000 | 1,503,000 | 1,568,000 |
| Securities available for sale | 66,622,000 | 61,812,000 | 61,056,000 | 60,626,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 226,253,000 | 240,524,000 | 245,009,000 | 241,305,000 |
| Interest-bearing deposits | 161,470,000 | 164,659,000 | 177,145,000 | 167,331,000 |
| Noninterest-bearing deposits | 64,783,000 | 75,865,000 | 67,864,000 | 73,974,000 |
| Equity capital | 30,770,000 | 31,948,000 | 32,723,000 | 32,366,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,623,000 | 5,394,000 | 8,382,000 | 11,436,000 |
| Interest expense | 255,000 | 531,000 | 829,000 | 1,160,000 |
| Net interest income | 2,368,000 | 4,863,000 | 7,553,000 | 10,276,000 |
| Noninterest income | 400,000 | 1,029,000 | 1,644,000 | 2,210,000 |
| Noninterest expense | 1,607,000 | 3,632,000 | 5,658,000 | 7,497,000 |
| Provision for loan losses | 30,000 | 95,000 | 125,000 | 190,000 |
| Pretax income | 1,165,000 | 2,291,000 | 3,577,000 | 4,996,000 |
| Income tax | 230,000 | 575,000 | 986,000 | 1,559,000 |
| Net income | 935,000 | 1,716,000 | 2,591,000 | 3,437,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,740,000 | 31,528,000 | 32,410,000 | 32,541,000 |
| Total capital | 32,164,000 | 33,001,000 | 33,913,000 | 34,109,000 |
| Risk-weighted assets | 221,457,000 | 224,388,000 | 245,796,000 | 243,677,000 |