Call reports 2011
TRANSACT BANK, NATIONAL ASSOCIATION — 2011
What TRANSACT BANK, NATIONAL ASSOCIATION 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 | 54,415,000 | 52,531,000 | 57,624,000 | 52,163,000 |
| Total loans | 14,593,000 | 13,960,000 | 12,712,000 | 23,189,000 |
| Allowance for loan losses | 0 | 4,000 | 32,000 | 227,000 |
| Securities available for sale | 4,309,000 | 23,594,000 | 20,472,000 | 11,299,000 |
| Securities held to maturity | 531,000 | 524,000 | 517,000 | 510,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,672,000 | 40,910,000 | 45,073,000 | 39,370,000 |
| Interest-bearing deposits | 29,117,000 | 30,054,000 | 30,094,000 | 26,407,000 |
| Noninterest-bearing deposits | 13,555,000 | 10,856,000 | 14,979,000 | 12,963,000 |
| Equity capital | 11,400,000 | 11,337,000 | 12,089,000 | 11,948,000 |
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 | 286,000 | 657,000 | 1,535,000 | 2,394,000 |
| Interest expense | 17,000 | 39,000 | 62,000 | 82,000 |
| Net interest income | 269,000 | 618,000 | 1,473,000 | 2,312,000 |
| Noninterest income | 87,000 | 178,000 | 273,000 | 376,000 |
| Noninterest expense | 482,000 | 937,000 | 1,421,000 | 2,132,000 |
| Provision for loan losses | 0 | 4,000 | 38,000 | 235,000 |
| Pretax income | -126,000 | -145,000 | 287,000 | 687,000 |
| Income tax | 0 | 0 | 0 | 260,000 |
| Net income | -126,000 | -145,000 | 287,000 | 427,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,618,000 | 5,630,000 | 6,093,000 | 5,957,000 |
| Total capital | 5,618,000 | 5,634,000 | 6,125,000 | 6,184,000 |
| Risk-weighted assets | 14,562,000 | 18,369,000 | 17,110,000 | 25,383,000 |