FDIC Certificate # 9719 FRB District/ID_RSSD 7 / 448040 OXFORD BANK ; OXFORD , MI Income Statement $
OCC Charter # 0 County: OAKLAND Income Statement $--Page 2 11/21/2013 10:30:42 AM
Public Report
Percent Change
9/30/2013 9/30/2012 12/31/2012 12/31/2011 12/31/2010 1 Year
Interest and Fees on Loans 7,612 7,956 10,619 10,850 12,822 -4.32
Income From Lease Financing 0 0 0 0 0 N/A
Tax-Exempt 1 5 6 30 58 -80.00
Estimated Tax Benefit 0 2 2 13 0 -79.75
Income on Loans & Leases (TE) 7,612 7,958 10,621 10,863 12,822 -4.35
US Treas & Agency (Excl MBS) 0 0 0 35 254 N/A
Mortgage Backed Securities 40 127 135 185 0 -68.50
Estimated Tax Benefit 41 47 62 72 0 -12.37
All Other Securities 104 118 154 187 247 -11.86
Tax-Exempt Securities Income 90 104 136 168 214 -13.46
Investment Interest Income (TE) 185 292 351 479 501 -36.52
Interest on Due From Banks 95 34 59 25 44 179.41
Int on Fed Funds Sold & Resales 0 0 0 0 0 N/A
Trading Account Income 0 0 0 0 0 N/A
Other Interest Income 24 21 30 25 26 14.29
Total Interest Income (TE) 7,917 8,305 11,061 11,393 13,393 -4.68
Int on Deposits in Foreign Off N/A N/A N/A N/A N/A N/A
Interest on Time Dep Over $100M 199 313 386 514 731 -36.42
Interest on All Other Deposits 519 655 854 1,117 2,161 -20.76
Int on Fed Funds Purch & Repos 0 0 0 0 0 N/A
Int Trad Liab & Oth Borrowings 0 0 0 0 0 N/A
Int on Sub Notes & Debentures 0 0 0 0 0 N/A
Total Interest Expense 718 968 1,240 1,631 2,892 -25.83
Net Interest Income (TE) 7,199 7,337 9,821 9,762 10,501 -1.89
Non-interest Income 823 1,294 1,649 1,173 1,056 -36.40
Adjusted Operating Income (TE) 8,022 8,631 11,470 10,935 11,557 -7.06
Non-Interest Expense 6,339 7,159 9,216 9,649 10,254 -11.45
Provision: Loan & Lease Losses 0 0 0 -2,832 2,458 N/A
Pretax Operating Income (TE) 1,683 1,472 2,254 4,118 -1,155 14.28
Realized G/L Hld-to-Maturity Sec 0 1 1 0 0 -100.00
Realized G/L Avail-for Sale Sec 0 0 0 0 0 N/A
Pretax Net Operating Inc (TE) 1,683 1,473 2,255 4,118 -1,155 14.20
Applicable Income Taxes 8 0 -621 0 0 N/A
Current Tax Equiv Adjustment 42 49 64 86 0 -15.46
Other Tax Equiv Adjustments 0 0 0 0 0 N/A
Applicable Income Taxes (TE) 50 49 -556 86 0 0.55
Net Operating Income 1,633 1,424 2,812 4,032 -1,155 14.68
Net Extraordinary Items 0 0 0 0 0 N/A
Net Inc Noncontrolling Minority Interests 0 0 0 0 0 N/A
Net Income 1,633 1,424 2,812 4,032 -1,155 14.68
Cash Dividends Declared 0 0 0 0 0 N/A
Retained Earnings 1,633 1,424 2,812 4,032 -1,155 14.68
Memo: Net International Income N/A N/A N/A N/A N/A N/A
