Call reports 2017
EASTERN MICHIGAN BANK — 2017
What EASTERN MICHIGAN BANK reported to the FFIEC in 2017, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Total assets | 329,639,000 | 330,050,000 | 331,098,000 | 329,424,000 |
| Total loans | 154,239,000 | 160,436,000 | 169,625,000 | 171,438,000 |
| Allowance for loan losses | 1,229,000 | 1,249,000 | 1,353,000 | 1,330,000 |
| Securities available for sale | 96,540,000 | 93,670,000 | 86,725,000 | 83,179,000 |
| Securities held to maturity | 13,652,000 | 13,153,000 | 12,653,000 | 11,192,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 297,622,000 | 297,551,000 | 298,031,000 | 296,483,000 |
| Interest-bearing deposits | 221,115,000 | 218,730,000 | 218,835,000 | 215,226,000 |
| Noninterest-bearing deposits | 76,507,000 | 78,821,000 | 79,196,000 | 81,257,000 |
| Equity capital | 30,738,000 | 31,482,000 | 32,014,000 | 32,108,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Interest income | 2,294,000 | 4,654,000 | 7,103,000 | 9,610,000 |
| Interest expense | 89,000 | 180,000 | 274,000 | 366,000 |
| Net interest income | 2,205,000 | 4,474,000 | 6,829,000 | 9,244,000 |
| Noninterest income | 413,000 | 823,000 | 1,267,000 | 2,093,000 |
| Noninterest expense | 1,924,000 | 3,778,000 | 5,614,000 | 7,544,000 |
| Provision for loan losses | 40,000 | 78,000 | 182,000 | 173,000 |
| Pretax income | 654,000 | 1,441,000 | 2,300,000 | 3,620,000 |
| Income tax | 172,000 | 375,000 | 604,000 | 1,092,000 |
| Net income | 482,000 | 1,066,000 | 1,696,000 | 2,528,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2017Q1 | 2017Q2 | 2017Q3 | 2017Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,757,000 | 31,197,000 | 31,684,000 | 32,314,000 |
| Total capital | 31,986,000 | 32,446,000 | 33,037,000 | 33,644,000 |
| Risk-weighted assets | 176,827,000 | 184,509,000 | 188,255,000 | 187,055,000 |