Call reports 2020
EASTERN MICHIGAN BANK — 2020
What EASTERN MICHIGAN BANK reported to the FFIEC in 2020, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Total assets | 373,245,000 | 440,267,000 | 481,434,000 | 467,857,000 |
| Total loans | 186,735,000 | 243,640,000 | 239,244,000 | 223,306,000 |
| Allowance for loan losses | 1,662,000 | 1,871,000 | 1,760,000 | 1,835,000 |
| Securities available for sale | 107,515,000 | 94,165,000 | 80,861,000 | 68,237,000 |
| Securities held to maturity | 6,773,000 | 5,132,000 | 4,423,000 | 3,886,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 333,931,000 | 387,761,000 | 437,932,000 | 424,327,000 |
| Interest-bearing deposits | 256,263,000 | 272,012,000 | 323,556,000 | 301,423,000 |
| Noninterest-bearing deposits | 77,668,000 | 115,749,000 | 114,376,000 | 122,904,000 |
| Equity capital | 38,506,000 | 40,527,000 | 41,914,000 | 42,275,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Interest income | 3,018,000 | 6,124,000 | 9,151,000 | 12,327,000 |
| Interest expense | 190,000 | 276,000 | 362,000 | 453,000 |
| Net interest income | 2,828,000 | 5,848,000 | 8,789,000 | 11,874,000 |
| Noninterest income | 462,000 | 1,209,000 | 1,939,000 | 2,851,000 |
| Noninterest expense | 2,220,000 | 4,258,000 | 6,621,000 | 9,132,000 |
| Provision for loan losses | 83,000 | 288,000 | 183,000 | 228,000 |
| Pretax income | 987,000 | 2,517,000 | 3,930,000 | 5,371,000 |
| Income tax | 174,000 | 442,000 | 694,000 | 953,000 |
| Net income | 813,000 | 2,075,000 | 3,236,000 | 4,418,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2020Q1 | 2020Q2 | 2020Q3 | 2020Q4 |
|---|---|---|---|---|
| Tier 1 capital | 38,306,000 | 39,240,000 | 40,408,000 | 40,967,000 |
| Total capital | 39,968,000 | 41,111,000 | 42,168,000 | 42,802,000 |
| Risk-weighted assets | 217,514,000 | 212,099,000 | 206,385,000 | 196,264,000 |