Call reports 2009
PORTAGE COUNTY BANK, THE — 2009
What PORTAGE COUNTY BANK, THE reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 84,361,000 | 90,886,000 | 100,025,000 | 100,217,000 |
| Total loans | 69,526,000 | 71,321,000 | 71,730,000 | 69,019,000 |
| Allowance for loan losses | 620,000 | 710,000 | 710,000 | 752,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,394,000 | 4,310,000 | 6,617,000 | 7,224,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,965,000 | 75,527,000 | 84,449,000 | 84,990,000 |
| Interest-bearing deposits | 59,519,000 | 64,815,000 | 73,739,000 | 68,100,000 |
| Noninterest-bearing deposits | 9,446,000 | 10,712,000 | 10,710,000 | 16,890,000 |
| Equity capital | 8,761,000 | 8,831,000 | 8,854,000 | 8,819,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,157,000 | 2,308,000 | 3,494,000 | 4,672,000 |
| Interest expense | 396,000 | 803,000 | 1,231,000 | 1,640,000 |
| Net interest income | 761,000 | 1,505,000 | 2,263,000 | 3,032,000 |
| Noninterest income | 106,000 | 204,000 | 282,000 | -125,000 |
| Noninterest expense | 594,000 | 1,205,000 | 1,834,000 | 2,497,000 |
| Provision for loan losses | 30,000 | 120,000 | 286,000 | 1,120,000 |
| Pretax income | 243,000 | 384,000 | 425,000 | -710,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 243,000 | 384,000 | 425,000 | -710,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,761,000 | 8,831,000 | 8,854,000 | 8,819,000 |
| Total capital | 9,381,000 | 9,541,000 | 9,564,000 | 9,571,000 |
| Risk-weighted assets | 71,203,000 | 73,748,000 | 76,086,000 | 73,298,000 |