Call reports 2016
EASTERN MICHIGAN BANK — 2016
What EASTERN MICHIGAN BANK reported to the FFIEC in 2016, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Total assets | 286,835,000 | 318,702,000 | 323,517,000 | 324,956,000 |
| Total loans | 144,275,000 | 153,928,000 | 154,811,000 | 154,265,000 |
| Allowance for loan losses | 1,342,000 | 1,201,000 | 1,251,000 | 1,222,000 |
| Securities available for sale | 99,007,000 | 103,368,000 | 96,844,000 | 92,334,000 |
| Securities held to maturity | 10,441,000 | 10,799,000 | 14,809,000 | 14,169,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 259,267,000 | 286,611,000 | 290,887,000 | 293,495,000 |
| Interest-bearing deposits | 192,204,000 | 214,260,000 | 214,267,000 | 217,251,000 |
| Noninterest-bearing deposits | 67,063,000 | 72,351,000 | 76,620,000 | 76,244,000 |
| Equity capital | 26,610,000 | 30,699,000 | 31,085,000 | 30,247,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Interest income | 2,286,000 | 4,633,000 | 7,089,000 | 9,463,000 |
| Interest expense | 97,000 | 194,000 | 287,000 | 377,000 |
| Net interest income | 2,189,000 | 4,439,000 | 6,802,000 | 9,086,000 |
| Noninterest income | 350,000 | 791,000 | 1,192,000 | 1,723,000 |
| Noninterest expense | 1,854,000 | 3,879,000 | 5,806,000 | 7,741,000 |
| Provision for loan losses | 27,000 | 35,000 | 113,000 | 79,000 |
| Pretax income | 658,000 | 1,316,000 | 2,075,000 | 2,989,000 |
| Income tax | 158,000 | 342,000 | 547,000 | 776,000 |
| Net income | 500,000 | 974,000 | 1,528,000 | 2,213,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2016Q1 | 2016Q2 | 2016Q3 | 2016Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,366,000 | 29,700,000 | 30,108,000 | 30,471,000 |
| Total capital | 27,708,000 | 30,901,000 | 31,359,000 | 31,693,000 |
| Risk-weighted assets | 166,593,000 | 176,564,000 | 176,609,000 | 175,024,000 |