Call reports 2002
EASTERN MICHIGAN BANK — 2002
What EASTERN MICHIGAN BANK reported to the FFIEC in 2002, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Total assets | 195,626,000 | 201,430,000 | 208,492,000 | 219,315,000 |
| Total loans | 154,120,000 | 166,000,000 | 169,841,000 | 176,106,000 |
| Allowance for loan losses | 1,915,000 | 2,056,000 | 2,129,000 | 2,181,000 |
| Securities available for sale | 23,495,000 | 20,965,000 | 18,391,000 | 22,057,000 |
| Securities held to maturity | 7,737,000 | 5,353,000 | 4,845,000 | 4,720,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,861,000 | 181,460,000 | 187,960,000 | 198,704,000 |
| Interest-bearing deposits | 157,840,000 | 161,206,000 | 165,913,000 | 176,172,000 |
| Noninterest-bearing deposits | 18,021,000 | 20,254,000 | 22,047,000 | 22,532,000 |
| Equity capital | 18,933,000 | 19,426,000 | 19,946,000 | 20,128,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Interest income | 3,187,000 | 6,360,000 | 9,641,000 | 12,904,000 |
| Interest expense | 1,238,000 | 2,446,000 | 3,639,000 | 4,822,000 |
| Net interest income | 1,949,000 | 3,914,000 | 6,002,000 | 8,082,000 |
| Noninterest income | 252,000 | 516,000 | 788,000 | 1,072,000 |
| Noninterest expense | 1,217,000 | 2,453,000 | 3,770,000 | 5,146,000 |
| Provision for loan losses | 113,000 | 253,000 | 359,000 | 431,000 |
| Pretax income | 871,000 | 1,724,000 | 2,666,000 | 3,582,000 |
| Income tax | 255,000 | 512,000 | 801,000 | 1,107,000 |
| Net income | 616,000 | 1,212,000 | 1,865,000 | 2,475,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2002Q1 | 2002Q2 | 2002Q3 | 2002Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,679,000 | 19,100,000 | 19,553,000 | 19,763,000 |
| Total capital | 20,390,000 | 20,895,000 | 21,383,000 | 21,666,000 |
| Risk-weighted assets | 136,421,000 | 143,358,000 | 146,093,000 | 152,056,000 |