Call reports 2011
EASTERN MICHIGAN BANK — 2011
What EASTERN MICHIGAN BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 253,948,000 | 251,748,000 | 256,357,000 | 259,758,000 |
| Total loans | 154,472,000 | 149,769,000 | 146,721,000 | 144,117,000 |
| Allowance for loan losses | 3,120,000 | 2,655,000 | 2,631,000 | 2,796,000 |
| Securities available for sale | 64,732,000 | 60,770,000 | 64,004,000 | 73,889,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 228,886,000 | 226,174,000 | 230,214,000 | 233,771,000 |
| Interest-bearing deposits | 196,169,000 | 189,112,000 | 193,590,000 | 190,930,000 |
| Noninterest-bearing deposits | 32,717,000 | 37,062,000 | 36,624,000 | 42,841,000 |
| Equity capital | 24,165,000 | 24,462,000 | 24,917,000 | 24,927,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,659,000 | 5,287,000 | 7,871,000 | 10,337,000 |
| Interest expense | 500,000 | 940,000 | 1,331,000 | 1,664,000 |
| Net interest income | 2,159,000 | 4,347,000 | 6,540,000 | 8,673,000 |
| Noninterest income | 331,000 | 599,000 | 945,000 | 1,271,000 |
| Noninterest expense | 1,837,000 | 3,665,000 | 5,441,000 | 7,042,000 |
| Provision for loan losses | 82,000 | 368,000 | 368,000 | 933,000 |
| Pretax income | 571,000 | 913,000 | 1,676,000 | 1,973,000 |
| Income tax | 127,000 | 207,000 | 390,000 | 404,000 |
| Net income | 444,000 | 706,000 | 1,286,000 | 1,569,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,899,000 | 24,003,000 | 24,431,000 | 24,543,000 |
| Total capital | 25,796,000 | 25,835,000 | 26,230,000 | 26,346,000 |
| Risk-weighted assets | 150,573,000 | 145,777,000 | 143,109,000 | 143,239,000 |