Call reports 2011
STATE CENTRAL BANK — 2011
What STATE CENTRAL 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 | 233,206,000 | 220,401,000 | 211,300,000 | 181,591,000 |
| Total loans | 165,132,000 | 153,591,000 | 140,051,000 | 118,234,000 |
| Allowance for loan losses | 6,210,000 | 5,781,000 | 5,915,000 | 6,365,000 |
| Securities available for sale | 18,669,000 | 17,431,000 | 23,068,000 | 20,560,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 224,373,000 | 210,020,000 | 201,876,000 | 171,042,000 |
| Interest-bearing deposits | 193,362,000 | 181,688,000 | 174,032,000 | 146,853,000 |
| Noninterest-bearing deposits | 31,011,000 | 28,332,000 | 27,844,000 | 24,189,000 |
| Equity capital | 8,123,000 | 9,040,000 | 8,491,000 | 8,541,000 |
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 | 2,358,000 | 4,588,000 | 6,715,000 | 8,297,000 |
| Interest expense | 702,000 | 1,344,000 | 1,925,000 | 2,526,000 |
| Net interest income | 1,656,000 | 3,244,000 | 4,790,000 | 5,771,000 |
| Noninterest income | 312,000 | 844,000 | 1,331,000 | 3,352,000 |
| Noninterest expense | 2,088,000 | 4,033,000 | 5,905,000 | 7,843,000 |
| Provision for loan losses | 2,250,000 | 2,250,000 | 2,950,000 | 3,950,000 |
| Pretax income | -2,360,000 | -2,185,000 | -2,499,000 | -2,435,000 |
| Income tax | -603,000 | -603,000 | -603,000 | -603,000 |
| Net income | -1,757,000 | -1,582,000 | -1,896,000 | -1,832,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,894,000 | 6,803,000 | 6,489,000 | 6,553,000 |
| Total capital | 7,925,000 | 8,727,000 | 8,221,000 | 8,184,000 |
| Risk-weighted assets | 158,276,000 | 150,057,000 | 134,411,000 | 125,775,000 |