Call reports 2010
NORTH ADAMS STATE BANK — 2010
What NORTH ADAMS STATE BANK 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 | 30,221,000 | 30,643,000 | 31,298,000 | 32,707,000 |
| Total loans | 17,679,000 | 18,073,000 | 18,658,000 | 18,521,000 |
| Allowance for loan losses | 263,000 | 264,000 | 256,000 | 254,000 |
| Securities available for sale | 6,887,000 | 6,427,000 | 7,079,000 | 7,006,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,214,000 | 26,626,000 | 27,157,000 | 28,614,000 |
| Interest-bearing deposits | 21,537,000 | 21,894,000 | 21,458,000 | 22,020,000 |
| Noninterest-bearing deposits | 4,677,000 | 4,732,000 | 5,699,000 | 6,594,000 |
| Equity capital | 3,306,000 | 3,375,000 | 3,474,000 | 3,489,000 |
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 | 390,000 | 763,000 | 1,148,000 | 1,546,000 |
| Interest expense | 86,000 | 168,000 | 246,000 | 321,000 |
| Net interest income | 304,000 | 595,000 | 902,000 | 1,225,000 |
| Noninterest income | 43,000 | 97,000 | 149,000 | 195,000 |
| Noninterest expense | 244,000 | 502,000 | 755,000 | 1,020,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | 103,000 | 190,000 | 296,000 | 400,000 |
| Income tax | 31,000 | 49,000 | 83,000 | 113,000 |
| Net income | 72,000 | 141,000 | 213,000 | 287,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,033,000 | 3,102,000 | 3,174,000 | 3,248,000 |
| Total capital | 3,261,000 | 3,328,000 | 3,408,000 | 3,486,000 |
| Risk-weighted assets | 17,423,000 | 18,017,000 | 18,863,000 | 19,126,000 |