Call reports 2011
HANOVER COMMUNITY BANK — 2011
What HANOVER COMMUNITY 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 | 58,600,000 | 57,754,000 | 58,534,000 | 61,239,000 |
| Total loans | 38,783,000 | 37,116,000 | 37,619,000 | 39,233,000 |
| Allowance for loan losses | 801,000 | 801,000 | 801,000 | 826,000 |
| Securities available for sale | 8,778,000 | 8,442,000 | 7,982,000 | 6,918,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,153,000 | 49,328,000 | 51,201,000 | 54,222,000 |
| Interest-bearing deposits | 47,757,000 | 48,088,000 | 49,982,000 | 52,167,000 |
| Noninterest-bearing deposits | 1,396,000 | 1,240,000 | 1,219,000 | 2,055,000 |
| Equity capital | 5,714,000 | 5,517,000 | 4,581,000 | 4,192,000 |
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 | 793,000 | 1,600,000 | 2,358,000 | 3,134,000 |
| Interest expense | 267,000 | 515,000 | 767,000 | 1,022,000 |
| Net interest income | 526,000 | 1,085,000 | 1,591,000 | 2,112,000 |
| Noninterest income | 22,000 | 51,000 | 57,000 | 76,000 |
| Noninterest expense | 1,028,000 | 1,920,000 | 3,105,000 | 3,933,000 |
| Provision for loan losses | 204,000 | 204,000 | 204,000 | 229,000 |
| Pretax income | -684,000 | -988,000 | -1,661,000 | -1,974,000 |
| Income tax | 3,000 | 6,000 | 9,000 | 11,000 |
| Net income | -687,000 | -994,000 | -1,670,000 | -1,985,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,911,000 | 4,604,000 | 3,921,000 | 3,706,000 |
| Total capital | 5,396,000 | 5,076,000 | 4,407,000 | 4,214,000 |
| Risk-weighted assets | 38,449,000 | 37,450,000 | 38,442,000 | 40,108,000 |