Call reports 2011
CUMBERLAND SECURITY BANK, INC. — 2011
What CUMBERLAND SECURITY BANK, INC. reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 157,693,000 | 157,949,000 | 157,947,000 | 157,914,000 |
| Total loans | 115,885,000 | 117,080,000 | 118,827,000 | 120,061,000 |
| Allowance for loan losses | 4,024,000 | 4,014,000 | 4,171,000 | 3,573,000 |
| Securities available for sale | 23,654,000 | 25,334,000 | 23,592,000 | 23,376,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 125,985,000 | 125,786,000 | 125,983,000 | 124,525,000 |
| Interest-bearing deposits | 86,301,000 | 85,422,000 | 83,279,000 | 83,810,000 |
| Noninterest-bearing deposits | 39,684,000 | 40,364,000 | 42,705,000 | 40,716,000 |
| Equity capital | 19,771,000 | 20,251,000 | 20,037,000 | 20,624,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 2,055,000 | 4,128,000 | 6,193,000 | 8,254,000 |
| Interest expense | 300,000 | 580,000 | 820,000 | 1,058,000 |
| Net interest income | 1,755,000 | 3,548,000 | 5,373,000 | 7,196,000 |
| Noninterest income | 563,000 | 1,145,000 | 1,916,000 | 2,567,000 |
| Noninterest expense | 1,311,000 | 2,600,000 | 3,912,000 | 5,187,000 |
| Provision for loan losses | 122,000 | 250,000 | 725,000 | 1,260,000 |
| Pretax income | 886,000 | 1,845,000 | 2,652,000 | 3,317,000 |
| Income tax | 2,000 | 2,000 | 2,000 | 2,000 |
| Net income | 884,000 | 1,843,000 | 2,650,000 | 3,315,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,406,000 | 19,605,000 | 19,261,000 | 19,927,000 |
| Total capital | 20,919,000 | 21,138,000 | 20,819,000 | 21,474,000 |
| Risk-weighted assets | 118,565,000 | 120,155,000 | 122,064,000 | 121,698,000 |