Call reports 2014
EASTERN MICHIGAN BANK — 2014
What EASTERN MICHIGAN BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 281,542,000 | 278,794,000 | 282,976,000 | 283,251,000 |
| Total loans | 137,653,000 | 136,114,000 | 133,759,000 | 137,025,000 |
| Allowance for loan losses | 1,657,000 | 1,674,000 | 1,619,000 | 1,688,000 |
| Securities available for sale | 108,726,000 | 116,898,000 | 111,990,000 | 118,054,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 254,205,000 | 249,563,000 | 254,640,000 | 254,199,000 |
| Interest-bearing deposits | 203,350,000 | 193,264,000 | 192,406,000 | 191,823,000 |
| Noninterest-bearing deposits | 50,855,000 | 56,299,000 | 62,234,000 | 62,376,000 |
| Equity capital | 26,618,000 | 27,330,000 | 27,384,000 | 28,210,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 2,215,000 | 4,436,000 | 6,683,000 | 8,920,000 |
| Interest expense | 176,000 | 346,000 | 500,000 | 645,000 |
| Net interest income | 2,039,000 | 4,090,000 | 6,183,000 | 8,275,000 |
| Noninterest income | 326,000 | 747,000 | 1,031,000 | 1,530,000 |
| Noninterest expense | 1,884,000 | 3,685,000 | 5,458,000 | 7,213,000 |
| Provision for loan losses | 1,000 | 66,000 | 6,000 | 69,000 |
| Pretax income | 480,000 | 1,086,000 | 1,750,000 | 2,523,000 |
| Income tax | 103,000 | 249,000 | 408,000 | 618,000 |
| Net income | 377,000 | 837,000 | 1,342,000 | 1,905,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,171,000 | 27,483,000 | 27,842,000 | 28,166,000 |
| Total capital | 28,827,000 | 29,157,000 | 29,461,000 | 29,854,000 |
| Risk-weighted assets | 155,893,000 | 154,920,000 | 152,252,000 | 155,610,000 |