Call reports 2004
EASTERN MICHIGAN BANK — 2004
What EASTERN MICHIGAN BANK reported to the FFIEC in 2004, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Total assets | 227,141,000 | 228,213,000 | 223,894,000 | 228,061,000 |
| Total loans | 179,181,000 | 181,841,000 | 182,688,000 | 182,285,000 |
| Allowance for loan losses | 3,343,000 | 3,395,000 | 3,471,000 | 3,601,000 |
| Securities available for sale | 33,155,000 | 32,279,000 | 28,414,000 | 26,942,000 |
| Securities held to maturity | 2,820,000 | 2,805,000 | 2,795,000 | 2,486,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 206,567,000 | 207,763,000 | 201,029,000 | 207,096,000 |
| Interest-bearing deposits | 185,107,000 | 182,592,000 | 178,270,000 | 180,811,000 |
| Noninterest-bearing deposits | 21,460,000 | 25,171,000 | 22,760,000 | 26,285,000 |
| Equity capital | 19,297,000 | 19,381,000 | 19,936,000 | 19,917,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Interest income | 2,981,000 | 5,882,000 | 8,858,000 | 11,823,000 |
| Interest expense | 845,000 | 1,657,000 | 2,463,000 | 3,285,000 |
| Net interest income | 2,136,000 | 4,225,000 | 6,395,000 | 8,538,000 |
| Noninterest income | 262,000 | 496,000 | 780,000 | 1,052,000 |
| Noninterest expense | 1,480,000 | 2,894,000 | 4,369,000 | 5,950,000 |
| Provision for loan losses | 22,000 | 63,000 | 165,000 | 330,000 |
| Pretax income | 896,000 | 1,764,000 | 2,645,000 | 3,314,000 |
| Income tax | 273,000 | 532,000 | 803,000 | 1,007,000 |
| Net income | 623,000 | 1,232,000 | 1,842,000 | 2,307,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2004Q1 | 2004Q2 | 2004Q3 | 2004Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,057,000 | 19,483,000 | 19,880,000 | 19,945,000 |
| Total capital | 21,036,000 | 21,488,000 | 21,885,000 | 21,979,000 |
| Risk-weighted assets | 156,915,000 | 158,989,000 | 158,956,000 | 161,167,000 |