Call reports 2010
EASTERN MICHIGAN BANK — 2010
What EASTERN MICHIGAN BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 248,393,000 | 258,915,000 | 263,892,000 | 259,775,000 |
| Total loans | 168,451,000 | 166,923,000 | 161,826,000 | 155,859,000 |
| Allowance for loan losses | 2,995,000 | 2,938,000 | 2,802,000 | 3,156,000 |
| Securities available for sale | 45,861,000 | 49,653,000 | 56,147,000 | 66,355,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 221,894,000 | 231,922,000 | 236,241,000 | 235,092,000 |
| Interest-bearing deposits | 191,534,000 | 202,141,000 | 205,090,000 | 203,442,000 |
| Noninterest-bearing deposits | 30,360,000 | 29,781,000 | 31,151,000 | 31,650,000 |
| Equity capital | 23,339,000 | 23,682,000 | 24,268,000 | 23,820,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,776,000 | 5,611,000 | 8,395,000 | 11,154,000 |
| Interest expense | 581,000 | 1,164,000 | 1,731,000 | 2,387,000 |
| Net interest income | 2,195,000 | 4,447,000 | 6,664,000 | 8,767,000 |
| Noninterest income | 302,000 | 730,000 | 1,080,000 | 1,412,000 |
| Noninterest expense | 1,786,000 | 3,490,000 | 5,310,000 | 7,118,000 |
| Provision for loan losses | 110,000 | 321,000 | 526,000 | 1,066,000 |
| Pretax income | 717,000 | 1,482,000 | 2,024,000 | 2,111,000 |
| Income tax | 140,000 | 358,000 | 474,000 | 495,000 |
| Net income | 577,000 | 1,124,000 | 1,550,000 | 1,616,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,004,000 | 23,403,000 | 23,690,000 | 23,602,000 |
| Total capital | 25,038,000 | 25,407,000 | 25,667,000 | 25,520,000 |
| Risk-weighted assets | 161,762,000 | 159,368,000 | 157,342,000 | 152,196,000 |