Call reports 2021
EASTERN MICHIGAN BANK — 2021
What EASTERN MICHIGAN BANK reported to the FFIEC in 2021, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Total assets | 494,177,000 | 502,206,000 | 518,648,000 | 534,164,000 |
| Total loans | 241,923,000 | 221,300,000 | 202,917,000 | 192,351,000 |
| Allowance for loan losses | 1,707,000 | 1,644,000 | 1,776,000 | 1,719,000 |
| Securities available for sale | 72,662,000 | 142,525,000 | 183,774,000 | 227,351,000 |
| Securities held to maturity | 3,452,000 | 2,547,000 | 2,214,000 | 1,925,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 449,829,000 | 456,573,000 | 471,927,000 | 488,644,000 |
| Interest-bearing deposits | 319,812,000 | 326,510,000 | 332,782,000 | 355,185,000 |
| Noninterest-bearing deposits | 130,017,000 | 130,063,000 | 139,145,000 | 133,459,000 |
| Equity capital | 42,994,000 | 44,048,000 | 45,107,000 | 43,868,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Interest income | 3,149,000 | 6,359,000 | 10,245,000 | 13,636,000 |
| Interest expense | 93,000 | 196,000 | 311,000 | 427,000 |
| Net interest income | 3,056,000 | 6,163,000 | 9,934,000 | 13,209,000 |
| Noninterest income | 705,000 | 1,314,000 | 2,057,000 | 2,658,000 |
| Noninterest expense | 2,266,000 | 4,566,000 | 7,047,000 | 9,694,000 |
| Provision for loan losses | -135,000 | -200,000 | -70,000 | -119,000 |
| Pretax income | 1,630,000 | 3,111,000 | 5,014,000 | 6,292,000 |
| Income tax | 292,000 | 566,000 | 900,000 | 1,097,000 |
| Net income | 1,338,000 | 2,545,000 | 4,114,000 | 5,195,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2021Q1 | 2021Q2 | 2021Q3 | 2021Q4 |
|---|---|---|---|---|
| Tier 1 capital | 41,970,000 | 43,184,000 | 44,094,000 | 44,861,000 |
| Total capital | 43,677,000 | 44,828,000 | 45,870,000 | 46,580,000 |
| Risk-weighted assets | 193,488,000 | 238,593,000 | 284,740,000 | 313,881,000 |