Call reports 2012
TARGET NATIONAL BANK — 2012
What TARGET NATIONAL BANK 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 | 148,075,000 | 142,163,000 | 197,282,000 | 138,122,000 |
| Total loans | 65,520,000 | 64,635,000 | 90,156,000 | 40,588,000 |
| Allowance for loan losses | 0 | 0 | 0 | 0 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 29,298,000 | 27,199,000 | 56,197,000 | 48,195,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 67,932,000 | 65,633,000 | 115,315,000 | 56,779,000 |
| Interest-bearing deposits | 67,932,000 | 65,633,000 | 115,315,000 | 56,779,000 |
| Noninterest-bearing deposits | 0 | 0 | 0 | 0 |
| Equity capital | 55,986,000 | 55,237,000 | 59,017,000 | 57,590,000 |
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 | 451,000 | 916,000 | 1,098,000 | 1,121,000 |
| Interest expense | 55,000 | 108,000 | 176,000 | 285,000 |
| Net interest income | 396,000 | 808,000 | 922,000 | 836,000 |
| Noninterest income | 78,509,000 | 150,435,000 | 222,839,000 | 295,196,000 |
| Noninterest expense | 72,011,000 | 139,049,000 | 200,917,000 | 264,100,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 6,894,000 | 12,194,000 | 22,844,000 | 31,932,000 |
| Income tax | 2,667,000 | 4,715,000 | 8,585,000 | 12,100,000 |
| Net income | 4,227,000 | 7,479,000 | 14,259,000 | 19,832,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,986,000 | 55,237,000 | 59,017,000 | 57,590,000 |
| Total capital | 55,986,000 | 55,237,000 | 59,017,000 | 57,590,000 |
| Risk-weighted assets | 124,579,000 | 120,331,000 | 152,258,000 | 99,506,000 |