Call reports 2010
FIRST MOUNTAIN BANK — 2010
What FIRST MOUNTAIN 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 | 136,701,000 | 136,003,000 | 140,563,000 | 143,732,000 |
| Total loans | 104,411,000 | 102,548,000 | 100,338,000 | 98,914,000 |
| Allowance for loan losses | 3,686,000 | 3,141,000 | 2,951,000 | 2,712,000 |
| Securities available for sale | 10,107,000 | 9,208,000 | 8,660,000 | 7,759,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,953,000 | 120,215,000 | 124,597,000 | 127,983,000 |
| Interest-bearing deposits | 84,301,000 | 84,845,000 | 88,898,000 | 89,860,000 |
| Noninterest-bearing deposits | 36,652,000 | 35,370,000 | 35,699,000 | 38,123,000 |
| Equity capital | 14,906,000 | 14,989,000 | 15,018,000 | 14,895,000 |
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 | 1,688,000 | 3,349,000 | 5,011,000 | 6,655,000 |
| Interest expense | 207,000 | 399,000 | 614,000 | 817,000 |
| Net interest income | 1,481,000 | 2,950,000 | 4,397,000 | 5,838,000 |
| Noninterest income | 234,000 | 498,000 | 804,000 | 878,000 |
| Noninterest expense | 1,556,000 | 3,216,000 | 4,865,000 | 6,559,000 |
| Provision for loan losses | 0 | 58,000 | 75,000 | 125,000 |
| Pretax income | 159,000 | 175,000 | 262,000 | 33,000 |
| Income tax | 51,000 | 44,000 | 68,000 | -55,000 |
| Net income | 108,000 | 131,000 | 194,000 | 88,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,521,000 | 13,577,000 | 13,595,000 | 13,327,000 |
| Total capital | 14,980,000 | 15,030,000 | 15,008,000 | 14,736,000 |
| Risk-weighted assets | 114,447,000 | 114,506,000 | 111,448,000 | 111,375,000 |