Call reports 2015
EASTERN MICHIGAN BANK — 2015
What EASTERN MICHIGAN BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 282,230,000 | 277,800,000 | 283,613,000 | 293,028,000 |
| Total loans | 137,041,000 | 135,414,000 | 139,616,000 | 137,535,000 |
| Allowance for loan losses | 1,612,000 | 1,249,000 | 1,255,000 | 1,204,000 |
| Securities available for sale | 116,846,000 | 116,907,000 | 112,754,000 | 102,628,000 |
| Securities held to maturity | 0 | 0 | 0 | 7,716,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 252,605,000 | 248,083,000 | 253,131,000 | 263,506,000 |
| Interest-bearing deposits | 194,465,000 | 186,386,000 | 187,975,000 | 191,668,000 |
| Noninterest-bearing deposits | 58,140,000 | 61,697,000 | 65,156,000 | 71,838,000 |
| Equity capital | 28,744,000 | 28,819,000 | 29,367,000 | 28,208,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 2,223,000 | 4,405,000 | 6,578,000 | 8,751,000 |
| Interest expense | 135,000 | 244,000 | 345,000 | 445,000 |
| Net interest income | 2,088,000 | 4,161,000 | 6,233,000 | 8,306,000 |
| Noninterest income | 261,000 | 707,000 | 1,104,000 | 1,670,000 |
| Noninterest expense | 1,851,000 | 3,626,000 | 5,436,000 | 7,307,000 |
| Provision for loan losses | -76,000 | -47,000 | -43,000 | -144,000 |
| Pretax income | 596,000 | 1,311,000 | 1,966,000 | 2,835,000 |
| Income tax | 137,000 | 315,000 | 479,000 | 724,000 |
| Net income | 459,000 | 996,000 | 1,487,000 | 2,111,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,477,000 | 28,895,000 | 29,211,000 | 28,435,000 |
| Total capital | 30,088,000 | 30,144,000 | 30,466,000 | 29,639,000 |
| Risk-weighted assets | 158,577,000 | 162,076,000 | 165,951,000 | 162,518,000 |