Call reports 2011
AREA BANK — 2011
What AREA BANK 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 | 55,650,000 | 56,901,000 | 59,139,000 | 64,170,000 |
| Total loans | 24,883,000 | 24,789,000 | 24,314,000 | 23,468,000 |
| Allowance for loan losses | 596,000 | 611,000 | 626,000 | 579,000 |
| Securities available for sale | 24,460,000 | 25,069,000 | 30,492,000 | 35,047,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,527,000 | 50,023,000 | 51,693,000 | 56,783,000 |
| Interest-bearing deposits | 40,925,000 | 41,605,000 | 43,031,000 | 47,359,000 |
| Noninterest-bearing deposits | 8,602,000 | 8,418,000 | 8,662,000 | 9,424,000 |
| Equity capital | 4,277,000 | 5,025,000 | 5,616,000 | 5,710,000 |
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 | 592,000 | 1,214,000 | 1,822,000 | 2,441,000 |
| Interest expense | 156,000 | 306,000 | 446,000 | 580,000 |
| Net interest income | 436,000 | 908,000 | 1,376,000 | 1,861,000 |
| Noninterest income | 60,000 | 140,000 | 215,000 | 287,000 |
| Noninterest expense | 378,000 | 793,000 | 1,172,000 | 1,568,000 |
| Provision for loan losses | 15,000 | 30,000 | 45,000 | 50,000 |
| Pretax income | 103,000 | 280,000 | 415,000 | 571,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 103,000 | 280,000 | 415,000 | 571,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,594,000 | 4,711,000 | 4,846,000 | 5,002,000 |
| Total capital | 4,974,000 | 5,083,000 | 5,244,000 | 5,415,000 |
| Risk-weighted assets | 30,153,000 | 29,514,000 | 31,637,000 | 32,889,000 |