Call reports 2011
1ST STATE BANK — 2011
What 1ST STATE 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 | 160,969,000 | 166,701,000 | 175,930,000 | 173,787,000 |
| Total loans | 125,257,000 | 132,331,000 | 137,329,000 | 135,445,000 |
| Allowance for loan losses | 1,661,000 | 1,811,000 | 1,923,000 | 1,863,000 |
| Securities available for sale | 4,511,000 | 5,176,000 | 6,398,000 | 7,201,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 123,992,000 | 128,085,000 | 134,777,000 | 133,716,000 |
| Interest-bearing deposits | 94,911,000 | 96,556,000 | 98,841,000 | 100,979,000 |
| Noninterest-bearing deposits | 29,081,000 | 31,529,000 | 35,936,000 | 32,737,000 |
| Equity capital | 15,768,000 | 15,998,000 | 17,049,000 | 17,272,000 |
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 | 1,968,000 | 4,012,000 | 6,123,000 | 8,256,000 |
| Interest expense | 574,000 | 1,137,000 | 1,679,000 | 2,181,000 |
| Net interest income | 1,394,000 | 2,875,000 | 4,444,000 | 6,075,000 |
| Noninterest income | 84,000 | 262,000 | 489,000 | 764,000 |
| Noninterest expense | 1,112,000 | 2,263,000 | 3,570,000 | 4,969,000 |
| Provision for loan losses | 150,000 | 300,000 | 405,000 | 510,000 |
| Pretax income | 216,000 | 574,000 | 958,000 | 1,360,000 |
| Income tax | 75,000 | 199,000 | 331,000 | 469,000 |
| Net income | 141,000 | 375,000 | 627,000 | 891,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,904,000 | 15,207,000 | 16,350,000 | 17,105,000 |
| Total capital | 16,565,000 | 16,977,000 | 18,196,000 | 18,953,000 |
| Risk-weighted assets | 134,390,000 | 141,531,000 | 147,624,000 | 147,794,000 |