Call reports 2012
PORTAGE BANK — 2012
What PORTAGE BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 11,562,000 | 11,937,000 | 12,435,000 | 12,074,000 |
| Total loans | 5,577,000 | 5,547,000 | 5,433,000 | 4,709,000 |
| Allowance for loan losses | 84,000 | 84,000 | 101,000 | 102,000 |
| Securities available for sale | 2,053,000 | 1,854,000 | 1,934,000 | 1,736,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,180,000 | 10,530,000 | 11,019,000 | 10,705,000 |
| Interest-bearing deposits | 8,472,000 | 8,546,000 | 8,952,000 | 8,729,000 |
| Noninterest-bearing deposits | 1,708,000 | 1,985,000 | 2,067,000 | 1,976,000 |
| Equity capital | 1,281,000 | 1,299,000 | 1,302,000 | 1,280,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 104,000 | 216,000 | 325,000 | 409,000 |
| Interest expense | 14,000 | 26,000 | 37,000 | 48,000 |
| Net interest income | 90,000 | 190,000 | 288,000 | 361,000 |
| Noninterest income | 9,000 | 18,000 | 26,000 | 35,000 |
| Noninterest expense | 82,000 | 171,000 | 253,000 | 350,000 |
| Provision for loan losses | 0 | 0 | 29,000 | 29,000 |
| Pretax income | 17,000 | 37,000 | 32,000 | 17,000 |
| Income tax | 4,000 | 8,000 | 8,000 | 4,000 |
| Net income | 13,000 | 29,000 | 24,000 | 13,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,239,000 | 1,255,000 | 1,250,000 | 1,239,000 |
| Total capital | 1,311,000 | 1,328,000 | 1,317,000 | 1,308,000 |
| Risk-weighted assets | 5,759,000 | 5,844,000 | 5,950,000 | 5,479,000 |