Call reports 2011
GLADEWATER NATIONAL BANK — 2011
What GLADEWATER NATIONAL 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 | 31,162,000 | 31,609,000 | 32,046,000 | 34,850,000 |
| Total loans | 19,383,000 | 20,057,000 | 20,430,000 | 20,779,000 |
| Allowance for loan losses | 482,000 | 482,000 | 546,000 | 546,000 |
| Securities available for sale | 864,000 | 1,652,000 | 5,157,000 | 5,960,000 |
| Securities held to maturity | 995,000 | 500,000 | 500,000 | 500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,348,000 | 27,838,000 | 28,104,000 | 30,939,000 |
| Interest-bearing deposits | 22,404,000 | 22,752,000 | 23,028,000 | 25,528,000 |
| Noninterest-bearing deposits | 4,944,000 | 5,086,000 | 5,076,000 | 5,411,000 |
| Equity capital | 3,609,000 | 3,608,000 | 3,721,000 | 3,743,000 |
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 | 353,000 | 712,000 | 1,099,000 | 1,450,000 |
| Interest expense | 54,000 | 107,000 | 158,000 | 205,000 |
| Net interest income | 299,000 | 605,000 | 941,000 | 1,245,000 |
| Noninterest income | 55,000 | 123,000 | 177,000 | 232,000 |
| Noninterest expense | 305,000 | 616,000 | 931,000 | 1,226,000 |
| Provision for loan losses | 0 | 0 | 30,000 | 30,000 |
| Pretax income | 49,000 | 112,000 | 157,000 | 221,000 |
| Income tax | 17,000 | 38,000 | 50,000 | 67,000 |
| Net income | 32,000 | 74,000 | 107,000 | 154,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,582,000 | 3,618,000 | 3,653,000 | 3,698,000 |
| Total capital | 3,822,000 | 3,878,000 | 3,922,000 | 3,963,000 |
| Risk-weighted assets | 19,330,000 | 21,740,000 | 20,970,000 | 20,950,000 |