Call reports 2006
GORDON BANK, THE — 2006
What GORDON BANK, THE 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 | 42,104,000 | 41,152,000 | 40,984,000 | 39,676,000 |
| Total loans | 28,853,000 | 28,346,000 | 29,479,000 | 29,150,000 |
| Allowance for loan losses | 735,000 | 779,000 | 792,000 | 780,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,507,000 | 5,936,000 | 5,639,000 | 5,391,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,801,000 | 31,766,000 | 31,440,000 | 31,677,000 |
| Interest-bearing deposits | 25,575,000 | 24,753,000 | 24,751,000 | 25,299,000 |
| Noninterest-bearing deposits | 7,226,000 | 7,013,000 | 6,689,000 | 6,378,000 |
| Equity capital | 7,230,000 | 7,278,000 | 7,405,000 | 5,891,000 |
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 | 696,000 | 1,402,000 | 2,154,000 | 2,880,000 |
| Interest expense | 175,000 | 363,000 | 568,000 | 789,000 |
| Net interest income | 521,000 | 1,039,000 | 1,586,000 | 2,091,000 |
| Noninterest income | 126,000 | 254,000 | 370,000 | 497,000 |
| Noninterest expense | 459,000 | 915,000 | 1,357,000 | 1,808,000 |
| Provision for loan losses | 7,000 | 15,000 | 23,000 | 30,000 |
| Pretax income | 181,000 | 363,000 | 576,000 | 750,000 |
| Income tax | 72,000 | 145,000 | 230,000 | 300,000 |
| Net income | 109,000 | 218,000 | 346,000 | 450,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,880,000 | 6,928,000 | 7,055,000 | 5,541,000 |
| Total capital | 7,251,000 | 7,290,000 | 7,429,000 | 5,912,000 |
| Risk-weighted assets | 29,338,000 | 28,545,000 | 29,518,000 | 29,217,000 |