Call reports 2012
MODERN BANK, NATIONAL ASSOCIATION — 2012
What MODERN BANK, NATIONAL ASSOCIATION reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 657,791,000 | 654,308,000 | 668,113,000 | 638,015,000 |
| Total loans | 341,730,000 | 360,661,000 | 386,335,000 | 393,698,000 |
| Allowance for loan losses | 6,385,000 | 6,643,000 | 7,014,000 | 7,136,000 |
| Securities available for sale | 275,579,000 | 248,094,000 | 234,015,000 | 203,242,000 |
| Securities held to maturity | 5,632,000 | 5,143,000 | 4,346,000 | 4,182,000 |
| Trading assets | 6,000 | 3,000 | 1,000 | 0 |
| Total deposits | 552,861,000 | 546,299,000 | 549,788,000 | 574,676,000 |
| Interest-bearing deposits | 535,130,000 | 526,540,000 | 527,226,000 | 536,602,000 |
| Noninterest-bearing deposits | 17,731,000 | 19,759,000 | 22,562,000 | 38,074,000 |
| Equity capital | 57,080,000 | 59,645,000 | 62,597,000 | 61,335,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 5,344,000 | 10,835,000 | 16,488,000 | 21,634,000 |
| Interest expense | 1,289,000 | 2,625,000 | 3,971,000 | 5,261,000 |
| Net interest income | 4,055,000 | 8,210,000 | 12,517,000 | 16,373,000 |
| Noninterest income | 154,000 | 207,000 | 361,000 | 210,000 |
| Noninterest expense | 4,044,000 | 7,963,000 | 11,868,000 | 16,783,000 |
| Provision for loan losses | 399,000 | 1,001,000 | 1,334,000 | 1,456,000 |
| Pretax income | 1,573,000 | 1,789,000 | 2,012,000 | 680,000 |
| Income tax | 25,000 | 56,000 | 70,000 | -792,000 |
| Net income | 1,548,000 | 1,733,000 | 1,942,000 | 1,472,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 56,695,000 | 57,043,000 | 57,410,000 | 57,091,000 |
| Total capital | 61,693,000 | 62,309,000 | 62,953,000 | 62,590,000 |
| Risk-weighted assets | 398,284,000 | 419,811,000 | 441,838,000 | 438,229,000 |