Call reports 2019
ANN ARBOR STATE BANK — 2019
What ANN ARBOR STATE BANK reported to the FFIEC in 2019, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Total assets | 319,837,000 | 320,091,000 | 333,081,000 | 319,447,000 |
| Total loans | 233,573,000 | 229,598,000 | 235,901,000 | 223,755,000 |
| Allowance for loan losses | 1,883,000 | 1,878,000 | 1,948,000 | 1,660,000 |
| Securities available for sale | 54,811,000 | 52,442,000 | 51,161,000 | 47,403,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 261,394,000 | 262,665,000 | 277,571,000 | 267,699,000 |
| Interest-bearing deposits | 194,665,000 | 194,145,000 | 201,227,000 | 188,082,000 |
| Noninterest-bearing deposits | 66,729,000 | 68,520,000 | 76,344,000 | 79,617,000 |
| Equity capital | 37,379,000 | 38,977,000 | 40,050,000 | 36,517,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Interest income | 3,449,000 | 7,004,000 | 10,541,000 | 14,043,000 |
| Interest expense | 698,000 | 1,445,000 | 2,232,000 | 2,983,000 |
| Net interest income | 2,751,000 | 5,559,000 | 8,309,000 | 11,060,000 |
| Noninterest income | 336,000 | 885,000 | 1,454,000 | 2,062,000 |
| Noninterest expense | 1,841,000 | 3,829,000 | 5,900,000 | 8,908,000 |
| Provision for loan losses | 90,000 | 185,000 | 255,000 | 375,000 |
| Pretax income | 1,157,000 | 2,449,000 | 3,682,000 | 4,007,000 |
| Income tax | 199,000 | 432,000 | 670,000 | 692,000 |
| Net income | 958,000 | 2,017,000 | 3,012,000 | 3,315,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2019Q1 | 2019Q2 | 2019Q3 | 2019Q4 |
|---|---|---|---|---|
| Tier 1 capital | 37,442,000 | 38,502,000 | 39,497,000 | 36,090,000 |
| Total capital | 39,325,000 | 40,380,000 | 41,445,000 | 37,750,000 |
| Risk-weighted assets | 265,495,000 | 259,700,000 | 269,065,000 | 258,297,000 |