Wolverine Bancorp Inc (WBKC) financial statements (2020 and earlier)

Company profile

Business Address 5710 EASTMAN AVE
MIDLAND, MI 48640
State of Incorp. MD
Fiscal Year End December 31
SIC 6036 - Savings Institutions, Not Federally Chartered (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10453302617
Cash and cash equivalents10453302617
Disposal group, including discontinued operation  1  
Total current assets:10453302617
Noncurrent Assets
Property, plant and equipment11122
Total noncurrent assets:11122
Other undisclosed assets330364305270267
TOTAL ASSETS:434418337298285
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities373357275237223
Total liabilities:373357275237223
Stockholders' equity
Stockholders' equity attributable to parent, including:6160626062
Common stock00000
Additional paid in capital1616191922
Retained earnings4745444342
Unearned esop shares(1)(1)(2)(2)(3)
Other undisclosed stockholders' equity attributable to parent    1
Total stockholders' equity:6160626062
TOTAL LIABILITIES AND EQUITY:434418337298285

Income statement (P&L) ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Revenues1716150 
Net investment income161514  
Financial services revenue1110 
Cost of revenue
(Financial Services Costs)
 (1)(1)(1)(2)
Gross profit:171614(1)(2)
Operating expenses(7)(7)(6)(6)(6)
Operating income (loss):1098(7)(8)
Nonoperating income (expense)
(losses on Sales of Other Real Estate)
    (0)
Interest and debt expense(4)(3)(3)(3)(4)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes0(1)(1)1214
Income from continuing operations before income taxes:75422
Income tax expense(2)(2)(1)(1)(1)
Net income attributable to parent:43322
Other undisclosed net loss available to common stockholders, basic(0)(0)(0)(0) 
Net income available to common stockholders, diluted:43322

Comprehensive Income ($ in millions)

12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
Net income:43322
Comprehensive income, net of tax, attributable to parent:43322

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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