Call reports 2012
GLADEWATER NATIONAL BANK — 2012
What GLADEWATER NATIONAL BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 38,225,000 | 39,487,000 | 44,824,000 | 47,807,000 |
| Total loans | 20,636,000 | 22,032,000 | 23,003,000 | 27,152,000 |
| Allowance for loan losses | 546,000 | 511,000 | 476,000 | 378,000 |
| Securities available for sale | 9,236,000 | 11,456,000 | 11,008,000 | 11,357,000 |
| Securities held to maturity | 500,000 | 500,000 | 500,000 | 500,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,649,000 | 32,353,000 | 38,006,000 | 40,020,000 |
| Interest-bearing deposits | 25,626,000 | 26,234,000 | 31,422,000 | 34,206,000 |
| Noninterest-bearing deposits | 6,023,000 | 6,118,000 | 6,585,000 | 5,813,000 |
| Equity capital | 6,355,000 | 6,427,000 | 6,547,000 | 6,528,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 385,000 | 777,000 | 1,187,000 | 1,649,000 |
| Interest expense | 50,000 | 98,000 | 153,000 | 215,000 |
| Net interest income | 335,000 | 679,000 | 1,034,000 | 1,434,000 |
| Noninterest income | 50,000 | 125,000 | 201,000 | 397,000 |
| Noninterest expense | 315,000 | 683,000 | 1,120,000 | 1,677,000 |
| Provision for loan losses | 0 | -10,000 | -40,000 | -70,000 |
| Pretax income | 70,000 | 131,000 | 155,000 | 224,000 |
| Income tax | 19,000 | 32,000 | 39,000 | 58,000 |
| Net income | 51,000 | 99,000 | 116,000 | 166,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,263,000 | 6,310,000 | 6,327,000 | 6,378,000 |
| Total capital | 6,551,000 | 6,570,000 | 6,583,000 | 6,661,000 |
| Risk-weighted assets | 22,021,000 | 19,867,000 | 20,235,000 | 22,517,000 |