Call reports 2022
EASTERN MICHIGAN BANK — 2022
What EASTERN MICHIGAN BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 545,351,000 | 548,830,000 | 584,655,000 | 563,092,000 |
| Total loans | 180,030,000 | 179,447,000 | 178,835,000 | 183,257,000 |
| Allowance for loan losses | 1,722,000 | 1,742,000 | 1,725,000 | 1,710,000 |
| Securities available for sale | 198,505,000 | 201,651,000 | 186,266,000 | 178,834,000 |
| Securities held to maturity | 44,558,000 | 47,254,000 | 78,240,000 | 100,699,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 507,761,000 | 517,168,000 | 552,383,000 | 527,965,000 |
| Interest-bearing deposits | 377,810,000 | 365,616,000 | 408,029,000 | 380,022,000 |
| Noninterest-bearing deposits | 129,951,000 | 151,552,000 | 144,354,000 | 147,943,000 |
| Equity capital | 36,933,000 | 31,252,000 | 31,070,000 | 32,129,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 3,175,000 | 6,255,000 | 9,976,000 | 14,579,000 |
| Interest expense | 122,000 | 280,000 | 605,000 | 975,000 |
| Net interest income | 3,053,000 | 5,975,000 | 9,371,000 | 13,604,000 |
| Noninterest income | 443,000 | 953,000 | 1,458,000 | 1,912,000 |
| Noninterest expense | 2,549,000 | 5,123,000 | 7,821,000 | 10,616,000 |
| Provision for loan losses | 4,000 | 8,000 | -4,000 | -7,000 |
| Pretax income | 943,000 | 1,797,000 | 3,012,000 | 4,897,000 |
| Income tax | 164,000 | 322,000 | 547,000 | 933,000 |
| Net income | 779,000 | 1,475,000 | 2,465,000 | 3,964,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 44,573,000 | 44,392,000 | 44,997,000 | 46,111,000 |
| Total capital | 46,295,000 | 46,134,000 | 46,722,000 | 47,821,000 |
| Risk-weighted assets | 322,367,000 | 343,726,000 | 360,019,000 | 367,977,000 |