Call reports 2010
GERBER STATE BANK, THE — 2010
What GERBER STATE BANK, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 57,555,000 | 58,487,000 | 61,878,000 | 63,954,000 |
| Total loans | 26,497,000 | 26,923,000 | 26,840,000 | 27,993,000 |
| Allowance for loan losses | 263,000 | 295,000 | 204,000 | 191,000 |
| Securities available for sale | 19,922,000 | 18,843,000 | 20,064,000 | 21,244,000 |
| Securities held to maturity | 5,429,000 | 5,858,000 | 7,433,000 | 8,496,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,949,000 | 50,728,000 | 53,867,000 | 56,062,000 |
| Interest-bearing deposits | 46,747,000 | 47,637,000 | 50,256,000 | 51,662,000 |
| Noninterest-bearing deposits | 3,202,000 | 3,091,000 | 3,611,000 | 4,400,000 |
| Equity capital | 6,867,000 | 7,075,000 | 7,247,000 | 7,233,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 642,000 | 1,277,000 | 1,916,000 | 2,524,000 |
| Interest expense | 180,000 | 355,000 | 528,000 | 701,000 |
| Net interest income | 462,000 | 922,000 | 1,388,000 | 1,823,000 |
| Noninterest income | 52,000 | 107,000 | 162,000 | 237,000 |
| Noninterest expense | 338,000 | 684,000 | 997,000 | 1,357,000 |
| Provision for loan losses | 20,000 | 51,000 | 76,000 | 76,000 |
| Pretax income | 156,000 | 294,000 | 477,000 | 627,000 |
| Income tax | 29,000 | 68,000 | 120,000 | 154,000 |
| Net income | 127,000 | 226,000 | 357,000 | 473,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,513,000 | 6,613,000 | 6,742,000 | 6,859,000 |
| Total capital | 6,776,000 | 6,908,000 | 6,946,000 | 7,050,000 |
| Risk-weighted assets | 35,718,000 | 39,606,000 | 56,093,000 | 57,507,000 |