Call reports 2010
CUMBERLAND SECURITY BANK, INC. — 2010
What CUMBERLAND SECURITY BANK, INC. reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 164,842,000 | 165,331,000 | 161,482,000 | 159,597,000 |
| Total loans | 127,638,000 | 126,386,000 | 124,332,000 | 115,663,000 |
| Allowance for loan losses | 3,858,000 | 3,903,000 | 3,961,000 | 3,855,000 |
| Securities available for sale | 20,097,000 | 19,559,000 | 18,862,000 | 25,630,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 130,036,000 | 130,185,000 | 126,224,000 | 126,052,000 |
| Interest-bearing deposits | 91,293,000 | 91,592,000 | 87,647,000 | 88,380,000 |
| Noninterest-bearing deposits | 38,744,000 | 38,593,000 | 38,577,000 | 37,673,000 |
| Equity capital | 20,356,000 | 20,720,000 | 20,778,000 | 19,255,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 2,173,000 | 4,414,000 | 6,589,000 | 8,776,000 |
| Interest expense | 422,000 | 805,000 | 1,177,000 | 1,521,000 |
| Net interest income | 1,751,000 | 3,609,000 | 5,412,000 | 7,255,000 |
| Noninterest income | 603,000 | 1,269,000 | 1,925,000 | 2,683,000 |
| Noninterest expense | 1,376,000 | 2,713,000 | 4,046,000 | 5,243,000 |
| Provision for loan losses | 150,000 | 350,000 | 690,000 | 1,175,000 |
| Pretax income | 833,000 | 1,820,000 | 2,606,000 | 3,525,000 |
| Income tax | 3,000 | 3,000 | 3,000 | 3,000 |
| Net income | 830,000 | 1,817,000 | 2,603,000 | 3,522,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,636,000 | 20,034,000 | 20,047,000 | 18,917,000 |
| Total capital | 21,286,000 | 21,681,000 | 21,657,000 | 20,456,000 |
| Risk-weighted assets | 129,647,000 | 129,543,000 | 126,475,000 | 120,811,000 |