Call reports 2011
SERVBANK, NATIONAL ASSOCIATION — 2011
What SERVBANK, NATIONAL ASSOCIATION 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 | 157,499,000 | 146,717,000 | 140,959,000 | 136,147,000 |
| Total loans | 115,684,000 | 108,698,000 | 105,192,000 | 105,342,000 |
| Allowance for loan losses | 2,165,000 | 3,513,000 | 2,508,000 | 2,594,000 |
| Securities available for sale | 24,717,000 | 19,765,000 | 5,266,000 | 15,391,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 135,092,000 | 128,845,000 | 122,930,000 | 118,013,000 |
| Interest-bearing deposits | 120,424,000 | 114,271,000 | 108,967,000 | 103,176,000 |
| Noninterest-bearing deposits | 14,667,000 | 14,574,000 | 13,963,000 | 14,837,000 |
| Equity capital | 11,876,000 | 7,571,000 | 7,636,000 | 8,446,000 |
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 | 1,780,000 | 3,512,000 | 5,078,000 | 6,674,000 |
| Interest expense | 757,000 | 1,492,000 | 2,192,000 | 2,825,000 |
| Net interest income | 1,023,000 | 2,020,000 | 2,886,000 | 3,849,000 |
| Noninterest income | 161,000 | 124,000 | 421,000 | 593,000 |
| Noninterest expense | 1,190,000 | 3,014,000 | 4,360,000 | 5,587,000 |
| Provision for loan losses | 90,000 | 2,681,000 | 3,167,000 | 3,553,000 |
| Pretax income | -96,000 | -3,509,000 | -3,928,000 | -4,403,000 |
| Income tax | -41,000 | 1,050,000 | 884,000 | -83,000 |
| Net income | -55,000 | -4,559,000 | -4,812,000 | -4,320,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,804,000 | 8,047,000 | 7,794,000 | 8,287,000 |
| Total capital | 13,233,000 | 9,350,000 | 9,028,000 | 9,477,000 |
| Risk-weighted assets | 113,614,000 | 101,463,000 | 97,722,000 | 93,782,000 |