Call reports 2007
EASTERN MICHIGAN BANK — 2007
What EASTERN MICHIGAN BANK reported to the FFIEC in 2007, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Total assets | 229,387,000 | 225,137,000 | 223,144,000 | 223,660,000 |
| Total loans | 174,388,000 | 170,152,000 | 173,097,000 | 168,442,000 |
| Allowance for loan losses | 1,928,000 | 1,811,000 | 1,895,000 | 1,901,000 |
| Securities available for sale | 23,037,000 | 25,821,000 | 24,781,000 | 27,304,000 |
| Securities held to maturity | 1,216,000 | 1,210,000 | 1,208,000 | 1,196,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,331,000 | 200,827,000 | 198,316,000 | 197,052,000 |
| Interest-bearing deposits | 177,567,000 | 172,099,000 | 171,563,000 | 167,787,000 |
| Noninterest-bearing deposits | 27,764,000 | 28,729,000 | 26,753,000 | 29,265,000 |
| Equity capital | 22,300,000 | 22,635,000 | 22,914,000 | 22,896,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Interest income | 3,442,000 | 6,879,000 | 10,407,000 | 13,927,000 |
| Interest expense | 1,169,000 | 2,386,000 | 3,590,000 | 4,718,000 |
| Net interest income | 2,273,000 | 4,493,000 | 6,817,000 | 9,209,000 |
| Noninterest income | 325,000 | 678,000 | 911,000 | 1,101,000 |
| Noninterest expense | 1,756,000 | 3,529,000 | 5,289,000 | 7,037,000 |
| Provision for loan losses | 138,000 | 65,000 | 198,000 | 476,000 |
| Pretax income | 704,000 | 1,577,000 | 2,241,000 | 2,797,000 |
| Income tax | 206,000 | 470,000 | 671,000 | 833,000 |
| Net income | 498,000 | 1,107,000 | 1,570,000 | 1,964,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2007Q1 | 2007Q2 | 2007Q3 | 2007Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,297,000 | 22,666,000 | 22,849,000 | 22,818,000 |
| Total capital | 24,225,000 | 24,477,000 | 24,744,000 | 24,719,000 |
| Risk-weighted assets | 164,541,000 | 161,720,000 | 162,526,000 | 159,394,000 |