Call reports 2010
1ST EQUITY BANK NORTHWEST — 2010
What 1ST EQUITY BANK NORTHWEST 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 | 50,157,000 | 53,445,000 | 52,562,000 | 54,666,000 |
| Total loans | 43,986,000 | 44,962,000 | 44,325,000 | 41,802,000 |
| Allowance for loan losses | 603,000 | 603,000 | 603,000 | 628,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,137,000 | 34,309,000 | 35,124,000 | 37,553,000 |
| Interest-bearing deposits | 30,977,000 | 33,916,000 | 34,650,000 | 37,230,000 |
| Noninterest-bearing deposits | 160,000 | 393,000 | 474,000 | 323,000 |
| Equity capital | 8,290,000 | 8,390,000 | 8,490,000 | 8,245,000 |
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 | 656,000 | 1,297,000 | 1,929,000 | 2,529,000 |
| Interest expense | 268,000 | 525,000 | 743,000 | 940,000 |
| Net interest income | 388,000 | 772,000 | 1,186,000 | 1,589,000 |
| Noninterest income | 25,000 | 45,000 | 56,000 | 62,000 |
| Noninterest expense | 284,000 | 585,000 | 907,000 | 1,174,000 |
| Provision for loan losses | 30,000 | 30,000 | 30,000 | 267,000 |
| Pretax income | 99,000 | 202,000 | 305,000 | 210,000 |
| Income tax | 3,000 | 6,000 | 9,000 | 4,000 |
| Net income | 96,000 | 196,000 | 296,000 | 206,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,290,000 | 8,390,000 | 8,490,000 | 8,245,000 |
| Total capital | 8,723,000 | 8,839,000 | 8,931,000 | 8,656,000 |
| Risk-weighted assets | 34,496,000 | 35,739,000 | 35,118,000 | 32,695,000 |