Call reports 2013
GARRETT STATE BANK, THE — 2013
What GARRETT STATE BANK, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 186,481,000 | 192,423,000 | 192,250,000 | 196,654,000 |
| Total loans | 125,588,000 | 130,377,000 | 137,971,000 | 143,019,000 |
| Allowance for loan losses | 1,693,000 | 1,739,000 | 1,773,000 | 1,816,000 |
| Securities available for sale | 53,870,000 | 52,920,000 | 49,352,000 | 48,121,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 154,920,000 | 159,489,000 | 156,189,000 | 161,753,000 |
| Interest-bearing deposits | 135,576,000 | 141,317,000 | 136,701,000 | 141,399,000 |
| Noninterest-bearing deposits | 19,344,000 | 18,172,000 | 19,488,000 | 20,354,000 |
| Equity capital | 16,926,000 | 16,549,000 | 16,811,000 | 16,815,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 1,960,000 | 3,937,000 | 5,987,000 | 8,084,000 |
| Interest expense | 390,000 | 763,000 | 1,133,000 | 1,490,000 |
| Net interest income | 1,570,000 | 3,174,000 | 4,854,000 | 6,594,000 |
| Noninterest income | 118,000 | 231,000 | 355,000 | 479,000 |
| Noninterest expense | 914,000 | 1,850,000 | 2,814,000 | 3,998,000 |
| Provision for loan losses | 45,000 | 90,000 | 145,000 | 250,000 |
| Pretax income | 743,000 | 1,487,000 | 2,272,000 | 2,847,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 743,000 | 1,487,000 | 2,272,000 | 2,847,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,762,000 | 17,126,000 | 17,521,000 | 17,617,000 |
| Total capital | 18,026,000 | 18,457,000 | 18,902,000 | 19,019,000 |
| Risk-weighted assets | 100,701,000 | 106,050,000 | 109,582,000 | 111,781,000 |