Call reports 2011
TARGET NATIONAL BANK — 2011
What TARGET NATIONAL BANK 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 | 111,670,000 | 111,881,000 | 117,200,000 | 149,307,000 |
| Total loans | 26,858,000 | 32,065,000 | 28,253,000 | 57,488,000 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 27,300,000 | 25,301,000 | 35,300,000 | 39,299,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,268,000 | 33,992,000 | 37,034,000 | 67,884,000 |
| Interest-bearing deposits | 33,268,000 | 33,992,000 | 37,034,000 | 67,884,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 54,275,000 | 54,715,000 | 55,776,000 | 55,758,000 |
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 | 490,000 | 1,031,000 | 1,585,000 | 2,043,000 |
| Interest expense | 57,000 | 98,000 | 151,000 | 244,000 |
| Net interest income | 433,000 | 933,000 | 1,434,000 | 1,799,000 |
| Noninterest income | 84,500,000 | 162,287,000 | 239,298,000 | 315,877,000 |
| Noninterest expense | 80,618,000 | 153,271,000 | 224,105,000 | 294,482,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 4,315,000 | 9,949,000 | 16,627,000 | 23,194,000 |
| Income tax | 1,621,000 | 3,815,000 | 6,432,000 | 9,017,000 |
| Net income | 2,694,000 | 6,134,000 | 10,195,000 | 14,177,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,275,000 | 54,715,000 | 55,776,000 | 55,758,000 |
| Total capital | 54,275,000 | 54,715,000 | 55,776,000 | 55,758,000 |
| Risk-weighted assets | 89,745,000 | 91,561,000 | 88,886,000 | 117,800,000 |