Call reports 2010
FIRST STATE BANK OF FORREST — 2010
What FIRST STATE BANK OF FORREST 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 | 62,432,000 | 61,872,000 | 62,823,000 | 61,040,000 |
| Total loans | 44,462,000 | 46,296,000 | 48,546,000 | 51,881,000 |
| Allowance for loan losses | 758,000 | 758,000 | 758,000 | 758,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,535,000 | 3,738,000 | 3,730,000 | 3,711,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,669,000 | 55,290,000 | 57,145,000 | 55,171,000 |
| Interest-bearing deposits | 49,196,000 | 50,004,000 | 50,757,000 | 49,054,000 |
| Noninterest-bearing deposits | 6,473,000 | 5,286,000 | 6,388,000 | 6,117,000 |
| Equity capital | 5,646,000 | 5,502,000 | 5,599,000 | 5,781,000 |
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 | 735,000 | 1,495,000 | 2,267,000 | 3,044,000 |
| Interest expense | 212,000 | 387,000 | 548,000 | 690,000 |
| Net interest income | 523,000 | 1,108,000 | 1,719,000 | 2,354,000 |
| Noninterest income | 47,000 | 113,000 | 162,000 | 238,000 |
| Noninterest expense | 358,000 | 703,000 | 1,041,000 | 1,420,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 212,000 | 518,000 | 840,000 | 1,172,000 |
| Income tax | 12,000 | 12,000 | 12,000 | 12,000 |
| Net income | 200,000 | 506,000 | 828,000 | 1,160,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,646,000 | 5,502,000 | 5,599,000 | 5,781,000 |
| Total capital | 6,139,000 | 6,004,000 | 6,122,000 | 6,329,000 |
| Risk-weighted assets | 39,166,000 | 39,870,000 | 41,600,000 | 43,625,000 |