Call reports 2011
PORTAGE COUNTY BANK, THE — 2011
What PORTAGE COUNTY BANK, THE 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 | 91,899,000 | 93,425,000 | 101,123,000 | 105,035,000 |
| Total loans | 73,861,000 | 76,179,000 | 74,284,000 | 70,560,000 |
| Allowance for loan losses | 707,000 | 732,000 | 740,000 | 872,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 6,530,000 | 6,219,000 | 5,575,000 | 5,225,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,691,000 | 80,741,000 | 88,216,000 | 92,595,000 |
| Interest-bearing deposits | 66,128,000 | 71,340,000 | 77,461,000 | 76,517,000 |
| Noninterest-bearing deposits | 9,563,000 | 9,401,000 | 10,755,000 | 16,078,000 |
| Equity capital | 9,627,000 | 9,775,000 | 9,967,000 | 9,582,000 |
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 | 1,187,000 | 2,381,000 | 3,605,000 | 4,675,000 |
| Interest expense | 310,000 | 579,000 | 882,000 | 1,192,000 |
| Net interest income | 877,000 | 1,802,000 | 2,723,000 | 3,483,000 |
| Noninterest income | 58,000 | 115,000 | 189,000 | 279,000 |
| Noninterest expense | 641,000 | 1,313,000 | 1,936,000 | 2,467,000 |
| Provision for loan losses | 15,000 | 80,000 | 260,000 | 574,000 |
| Pretax income | 279,000 | 524,000 | 716,000 | 721,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 279,000 | 524,000 | 716,000 | 721,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,627,000 | 9,775,000 | 9,967,000 | 9,582,000 |
| Total capital | 10,334,000 | 10,507,000 | 10,707,000 | 10,454,000 |
| Risk-weighted assets | 75,468,000 | 77,561,000 | 77,455,000 | 75,577,000 |