Call reports 2013
EASTERN MICHIGAN BANK — 2013
What EASTERN MICHIGAN BANK reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 274,794,000 | 269,565,000 | 274,681,000 | 279,384,000 |
| Total loans | 134,297,000 | 134,699,000 | 136,325,000 | 136,487,000 |
| Allowance for loan losses | 2,472,000 | 1,994,000 | 2,093,000 | 1,764,000 |
| Securities available for sale | 91,550,000 | 101,075,000 | 99,684,000 | 113,140,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 247,183,000 | 241,819,000 | 248,020,000 | 252,294,000 |
| Interest-bearing deposits | 202,524,000 | 194,014,000 | 198,800,000 | 200,141,000 |
| Noninterest-bearing deposits | 44,659,000 | 47,805,000 | 49,220,000 | 52,153,000 |
| Equity capital | 26,817,000 | 26,676,000 | 25,794,000 | 26,300,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 2,256,000 | 4,494,000 | 6,758,000 | 8,968,000 |
| Interest expense | 222,000 | 423,000 | 610,000 | 794,000 |
| Net interest income | 2,034,000 | 4,071,000 | 6,148,000 | 8,174,000 |
| Noninterest income | 434,000 | 886,000 | 1,244,000 | 1,647,000 |
| Noninterest expense | 1,815,000 | 3,514,000 | 5,321,000 | 7,151,000 |
| Provision for loan losses | -11,000 | 199,000 | 261,000 | 283,000 |
| Pretax income | 682,000 | 1,262,000 | 1,828,000 | 2,405,000 |
| Income tax | 146,000 | 267,000 | 391,000 | 518,000 |
| Net income | 536,000 | 995,000 | 1,437,000 | 1,887,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,277,000 | 26,432,000 | 26,731,000 | 26,936,000 |
| Total capital | 28,092,000 | 28,278,000 | 28,630,000 | 28,700,000 |
| Risk-weighted assets | 144,602,000 | 147,531,000 | 151,703,000 | 153,914,000 |