Call reports 2003
EASTERN MICHIGAN BANK — 2003
What EASTERN MICHIGAN BANK reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 222,265,000 | 226,090,000 | 230,591,000 | 231,797,000 |
| Total loans | 175,341,000 | 178,332,000 | 178,743,000 | 177,044,000 |
| Allowance for loan losses | 2,223,000 | 3,647,000 | 3,762,000 | 3,338,000 |
| Securities available for sale | 26,408,000 | 24,779,000 | 28,252,000 | 32,270,000 |
| Securities held to maturity | 4,235,000 | 4,194,000 | 3,215,000 | 2,897,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 200,852,000 | 206,676,000 | 210,934,000 | 212,012,000 |
| Interest-bearing deposits | 180,624,000 | 184,594,000 | 189,642,000 | 186,761,000 |
| Noninterest-bearing deposits | 20,228,000 | 22,082,000 | 21,292,000 | 25,251,000 |
| Equity capital | 20,668,000 | 18,797,000 | 19,125,000 | 19,268,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 3,291,000 | 6,472,000 | 9,633,000 | 12,703,000 |
| Interest expense | 1,089,000 | 2,115,000 | 3,097,000 | 4,013,000 |
| Net interest income | 2,202,000 | 4,357,000 | 6,536,000 | 8,690,000 |
| Noninterest income | 347,000 | 693,000 | 1,027,000 | 1,309,000 |
| Noninterest expense | 1,389,000 | 2,704,000 | 4,167,000 | 5,635,000 |
| Provision for loan losses | 62,000 | 1,512,000 | 1,632,000 | 1,862,000 |
| Pretax income | 1,098,000 | 834,000 | 1,764,000 | 2,502,000 |
| Income tax | 335,000 | 225,000 | 495,000 | 674,000 |
| Net income | 763,000 | 609,000 | 1,269,000 | 1,828,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 20,338,000 | 18,455,000 | 18,951,000 | 19,104,000 |
| Total capital | 22,288,000 | 20,433,000 | 20,949,000 | 21,070,000 |
| Risk-weighted assets | 155,754,000 | 156,549,000 | 158,091,000 | 155,948,000 |