Call reports 2011
MOUNTAIN COMMERCE BANK — 2011
What MOUNTAIN COMMERCE 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 | 357,877,000 | 359,541,000 | 351,096,000 | 328,119,000 |
| Total loans | 279,654,000 | 281,901,000 | 276,601,000 | 264,773,000 |
| Allowance for loan losses | 3,823,000 | 4,310,000 | 5,009,000 | 6,405,000 |
| Securities available for sale | 38,605,000 | 30,418,000 | 30,577,000 | 23,334,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 313,993,000 | 314,929,000 | 305,731,000 | 291,739,000 |
| Interest-bearing deposits | 282,970,000 | 285,622,000 | 268,796,000 | 256,873,000 |
| Noninterest-bearing deposits | 31,023,000 | 29,307,000 | 36,935,000 | 34,866,000 |
| Equity capital | 31,157,000 | 31,888,000 | 32,609,000 | 24,124,000 |
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 | 4,328,000 | 8,672,000 | 12,929,000 | 16,664,000 |
| Interest expense | 1,105,000 | 2,182,000 | 3,148,000 | 4,000,000 |
| Net interest income | 3,223,000 | 6,490,000 | 9,781,000 | 12,664,000 |
| Noninterest income | 422,000 | -243,000 | -295,000 | -1,673,000 |
| Noninterest expense | 2,689,000 | 5,652,000 | 8,384,000 | 10,828,000 |
| Provision for loan losses | 75,000 | 622,000 | 1,415,000 | 6,054,000 |
| Pretax income | 890,000 | 210,000 | -76,000 | -5,443,000 |
| Income tax | 282,000 | 18,000 | -101,000 | 3,627,000 |
| Net income | 608,000 | 192,000 | 25,000 | -9,070,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,392,000 | 28,408,000 | 28,830,000 | 23,293,000 |
| Total capital | 31,887,000 | 31,868,000 | 32,249,000 | 26,510,000 |
| Risk-weighted assets | 279,914,000 | 275,978,000 | 273,138,000 | 254,161,000 |