Call reports 2018
ANN ARBOR STATE BANK — 2018
What ANN ARBOR STATE BANK reported to the FFIEC in 2018, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Total assets | 289,708,000 | 302,136,000 | 309,733,000 | 309,222,000 |
| Total loans | 212,125,000 | 218,199,000 | 226,424,000 | 236,056,000 |
| Allowance for loan losses | 1,653,000 | 1,693,000 | 1,733,000 | 1,793,000 |
| Securities available for sale | 59,226,000 | 57,105,000 | 56,550,000 | 55,621,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 237,806,000 | 251,953,000 | 259,785,000 | 252,536,000 |
| Interest-bearing deposits | 166,833,000 | 177,706,000 | 183,592,000 | 178,603,000 |
| Noninterest-bearing deposits | 70,973,000 | 74,247,000 | 76,193,000 | 73,933,000 |
| Equity capital | 32,798,000 | 33,774,000 | 34,634,000 | 35,920,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Interest income | 3,017,000 | 6,236,000 | 9,611,000 | 13,114,000 |
| Interest expense | 343,000 | 857,000 | 1,420,000 | 2,031,000 |
| Net interest income | 2,674,000 | 5,379,000 | 8,191,000 | 11,083,000 |
| Noninterest income | 384,000 | 870,000 | 1,342,000 | 1,699,000 |
| Noninterest expense | 1,865,000 | 3,750,000 | 5,715,000 | 7,611,000 |
| Provision for loan losses | 85,000 | 125,000 | 165,000 | 225,000 |
| Pretax income | 1,122,000 | 2,403,000 | 3,697,000 | 5,006,000 |
| Income tax | 189,000 | 416,000 | 657,000 | 880,000 |
| Net income | 933,000 | 1,987,000 | 3,040,000 | 4,126,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2018Q1 | 2018Q2 | 2018Q3 | 2018Q4 |
|---|---|---|---|---|
| Tier 1 capital | 33,479,000 | 34,538,000 | 35,595,000 | 36,484,000 |
| Total capital | 35,132,000 | 36,231,000 | 37,328,000 | 38,277,000 |
| Risk-weighted assets | 244,247,000 | 250,935,000 | 262,334,000 | 267,719,000 |