Call reports 2012
ELEVATE BANK, NATIONAL ASSOCIATION — 2012
What ELEVATE 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 | 51,862,000 | 51,186,000 | 49,297,000 | 51,040,000 |
| Total loans | 19,837,000 | 19,736,000 | 17,091,000 | 17,666,000 |
| Allowance for loan losses | 344,000 | 349,000 | 397,000 | 324,000 |
| Securities available for sale | 25,308,000 | 25,787,000 | 27,812,000 | 26,881,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,756,000 | 45,020,000 | 43,053,000 | 44,978,000 |
| Interest-bearing deposits | 35,719,000 | 35,369,000 | 32,870,000 | 35,468,000 |
| Noninterest-bearing deposits | 10,037,000 | 9,651,000 | 10,183,000 | 9,510,000 |
| Equity capital | 6,025,000 | 6,079,000 | 6,142,000 | 5,989,000 |
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 | 466,000 | 923,000 | 1,352,000 | 1,749,000 |
| Interest expense | 79,000 | 150,000 | 214,000 | 271,000 |
| Net interest income | 387,000 | 773,000 | 1,138,000 | 1,478,000 |
| Noninterest income | 62,000 | 119,000 | 177,000 | 226,000 |
| Noninterest expense | 314,000 | 677,000 | 1,045,000 | 1,443,000 |
| Provision for loan losses | 23,000 | 23,000 | 98,000 | 98,000 |
| Pretax income | 112,000 | 241,000 | 284,000 | 275,000 |
| Income tax | 6,000 | 10,000 | 15,000 | 12,000 |
| Net income | 106,000 | 231,000 | 269,000 | 263,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,425,000 | 5,510,000 | 5,528,000 | 5,482,000 |
| Total capital | 5,761,000 | 5,841,000 | 5,828,000 | 5,793,000 |
| Risk-weighted assets | 26,884,000 | 26,445,000 | 23,893,000 | 24,857,000 |