Call reports 2006
CORRIDOR STATE BANK — 2006
What CORRIDOR STATE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 6,022,000 | 11,190,000 | 16,319,000 | 23,347,000 |
| Total loans | 3,405,000 | 7,422,000 | 11,443,000 | 18,286,000 |
| Allowance for loan losses | 43,000 | 93,000 | 141,000 | 228,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 387,000 | 5,754,000 | 9,018,000 | 16,479,000 |
| Interest-bearing deposits | 357,000 | 5,069,000 | 8,350,000 | 15,716,000 |
| Noninterest-bearing deposits | 30,000 | 685,000 | 668,000 | 763,000 |
| Equity capital | 5,630,000 | 5,405,000 | 5,219,000 | 5,023,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 33,000 | 159,000 | 373,000 | 718,000 |
| Interest expense | 1,000 | 18,000 | 111,000 | 314,000 |
| Net interest income | 32,000 | 141,000 | 262,000 | 404,000 |
| Noninterest income | 0 | 2,000 | 5,000 | 10,000 |
| Noninterest expense | 359,000 | 645,000 | 907,000 | 1,161,000 |
| Provision for loan losses | 43,000 | 93,000 | 141,000 | 230,000 |
| Pretax income | -370,000 | -595,000 | -781,000 | -977,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -370,000 | -595,000 | -781,000 | -977,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,630,000 | 5,405,000 | 5,219,000 | 5,023,000 |
| Total capital | 5,673,000 | 5,498,000 | 5,360,000 | 5,251,000 |
| Risk-weighted assets | 3,849,000 | 8,707,000 | 14,912,000 | 20,059,000 |