Call reports 2006
EASTERN MICHIGAN BANK — 2006
What EASTERN MICHIGAN BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 236,781,000 | 231,038,000 | 225,263,000 | 233,383,000 |
| Total loans | 181,795,000 | 181,632,000 | 180,060,000 | 175,764,000 |
| Allowance for loan losses | 2,175,000 | 2,186,000 | 1,881,000 | 1,905,000 |
| Securities available for sale | 30,613,000 | 27,459,000 | 24,348,000 | 21,312,000 |
| Securities held to maturity | 1,700,000 | 1,692,000 | 1,577,000 | 1,285,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 214,732,000 | 208,212,000 | 201,883,000 | 209,457,000 |
| Interest-bearing deposits | 186,786,000 | 181,024,000 | 177,181,000 | 178,808,000 |
| Noninterest-bearing deposits | 27,946,000 | 27,188,000 | 24,702,000 | 30,649,000 |
| Equity capital | 20,984,000 | 21,365,000 | 21,751,000 | 22,017,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 3,299,000 | 6,645,000 | 10,115,000 | 13,666,000 |
| Interest expense | 1,129,000 | 2,297,000 | 3,512,000 | 4,733,000 |
| Net interest income | 2,170,000 | 4,348,000 | 6,603,000 | 8,933,000 |
| Noninterest income | 283,000 | 601,000 | 852,000 | 1,171,000 |
| Noninterest expense | 1,637,000 | 3,246,000 | 4,852,000 | 6,529,000 |
| Provision for loan losses | 16,000 | 117,000 | 213,000 | 296,000 |
| Pretax income | 800,000 | 1,586,000 | 2,390,000 | 3,279,000 |
| Income tax | 247,000 | 480,000 | 725,000 | 959,000 |
| Net income | 553,000 | 1,106,000 | 1,665,000 | 2,320,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,114,000 | 21,510,000 | 21,824,000 | 22,046,000 |
| Total capital | 23,194,000 | 23,557,000 | 23,705,000 | 23,951,000 |
| Risk-weighted assets | 166,289,000 | 163,655,000 | 163,274,000 | 164,650,000 |