Call reports 2011
BANK OF BURLINGTON — 2011
What BANK OF BURLINGTON 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 | 53,473,000 | 57,159,000 | 59,993,000 | 61,923,000 |
| Total loans | 6,320,000 | 6,365,000 | 5,416,000 | 7,647,000 |
| Allowance for loan losses | 138,000 | 138,000 | 138,000 | 138,000 |
| Securities available for sale | 38,890,000 | 39,430,000 | 41,837,000 | 40,067,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,341,000 | 52,487,000 | 54,880,000 | 56,724,000 |
| Interest-bearing deposits | 37,279,000 | 40,394,000 | 44,118,000 | 40,199,000 |
| Noninterest-bearing deposits | 12,062,000 | 12,093,000 | 10,762,000 | 16,525,000 |
| Equity capital | 4,040,000 | 4,578,000 | 5,039,000 | 5,139,000 |
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 | 416,000 | 820,000 | 1,223,000 | 1,606,000 |
| Interest expense | 52,000 | 106,000 | 157,000 | 206,000 |
| Net interest income | 364,000 | 714,000 | 1,066,000 | 1,400,000 |
| Noninterest income | 42,000 | 76,000 | 111,000 | 149,000 |
| Noninterest expense | 285,000 | 538,000 | 789,000 | 1,030,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 121,000 | 252,000 | 388,000 | 519,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 121,000 | 252,000 | 388,000 | 519,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,090,000 | 4,221,000 | 4,333,000 | 4,439,000 |
| Total capital | 4,228,000 | 4,359,000 | 4,471,000 | 4,577,000 |
| Risk-weighted assets | 15,006,000 | 14,846,000 | 14,021,000 | 15,798,000 |