Call reports 2009
EASTERN MICHIGAN BANK — 2009
What EASTERN MICHIGAN BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 227,567,000 | 238,330,000 | 241,072,000 | 250,424,000 |
| Total loans | 175,091,000 | 170,829,000 | 172,310,000 | 170,633,000 |
| Allowance for loan losses | 2,540,000 | 2,424,000 | 3,247,000 | 3,716,000 |
| Securities available for sale | 31,763,000 | 37,279,000 | 43,368,000 | 43,149,000 |
| Securities held to maturity | 585,000 | 585,000 | 585,000 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 202,174,000 | 212,458,000 | 215,600,000 | 224,594,000 |
| Interest-bearing deposits | 179,050,000 | 183,993,000 | 184,621,000 | 192,428,000 |
| Noninterest-bearing deposits | 23,124,000 | 28,465,000 | 30,979,000 | 32,166,000 |
| Equity capital | 21,863,000 | 22,234,000 | 22,485,000 | 22,752,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,864,000 | 5,733,000 | 8,582,000 | 11,502,000 |
| Interest expense | 825,000 | 1,641,000 | 2,433,000 | 3,132,000 |
| Net interest income | 2,039,000 | 4,092,000 | 6,149,000 | 8,370,000 |
| Noninterest income | 389,000 | 782,000 | 1,179,000 | 1,460,000 |
| Noninterest expense | 1,739,000 | 3,547,000 | 5,292,000 | 7,011,000 |
| Provision for loan losses | 354,000 | 609,000 | 1,538,000 | 2,294,000 |
| Pretax income | 285,000 | 604,000 | 690,000 | 717,000 |
| Income tax | 71,000 | 91,000 | 62,000 | 16,000 |
| Net income | 210,000 | 505,000 | 618,000 | 691,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,998,000 | 22,232,000 | 22,347,000 | 22,423,000 |
| Total capital | 24,107,000 | 24,316,000 | 24,458,000 | 24,510,000 |
| Risk-weighted assets | 168,321,000 | 166,416,000 | 167,718,000 | 165,315,000 |