Consolidated Balance Sheet
December 31, 2009
December 31, 2008
Assets
Cash and due from banks
$19,128,625
$4,617,945
Investment securities
26,497,595
14,423,501
Loans
180,652,367
190,961,512
Allowance for loan losses
(3,037,358)
(2,459,795)
Premises and equipment
2,983,729
3,161,394
Other assets
4,408,157
1,353,722
TOTAL ASSETS
$230,633,115
$212,058,280
Liabilities
Total Deposits
$204,167,367
$169,049,535
Repurchase agreements
2,792,745
2,113,885
FHLB Short-term Advances
0
16,2000,000
FHLB Long-term Advances
4,318,000
4,350,000
Other liabilities
7,374
691,791
Total Liabilities
$211,285,486
$192,405,211
Capital
Common stock
$8,533,024
$8,537,980
Treasury stock
(205,231)
(94,599)
FAS 115 unrealized gain
122,048
202,094
Retained earnings
10,897,788
11,007,593
Total Capital
$19,347,629
$19,653,069
TOTAL LIABILITIES AND CAPITAL
$230,633,115
$212,058,280
Number of Shares Outstanding
96,263
93,485
BOOK VALUE PER SHARE
$200.99
$210.23
Consolidated Statement of Income
2009 *
2008 *
Total Interest Income
$11,606,053
$12,941,506
Total Interest Expense
3,833,592
5,463,976
Net Interest Income
$7,772,461
$7,477,530
Provision for loan losses
2,492,906
986,334
Net Interest Income after Provision
$5,279,555
$6,491,196
Total Other Income
1,730,765
1,368,993
Total Other Expenses
7,191,821
6,840,504
Total Tax Expense
(71,696)
307,815
NET INCOME (LOSS) AFTER TAXES
$(109,805)
$711,870
EARNINGS PER SHARE
$(1.18)
$7.63
Weighted average shares outstanding
93,056
93,337
* For the year ended December 31
.
(Unaudited)
Top of Page
FAQs
Security
Disclaimers
Enroll Now
Login
Deposit Accounts
Health Savings Accounts
CDs & IRAs
Real Estate Loans
Wealth Management
Other Services
LifeLock
Deposit Accounts
Health Savings Accounts
Business Loans
Corporate Cash Management
Merchant Capture
Wealth Management
Other Services
MBT BANCORP Financials
Deposits
CDs
Loans
History
Locations & Hours
ATM Locations
Why We Are Different
Community Commitment
Staff Directory
Contact Us
Employment Opportunities