Call reports 2009
ERICSON STATE BANK — 2009
What ERICSON STATE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 49,659,000 | 49,880,000 | 51,151,000 | 51,964,000 |
| Total loans | 39,142,000 | 40,533,000 | 41,950,000 | 41,406,000 |
| Allowance for loan losses | 357,000 | 345,000 | 380,000 | 446,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,716,000 | 6,910,000 | 7,029,000 | 6,930,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,401,000 | 45,499,000 | 46,622,000 | 47,630,000 |
| Interest-bearing deposits | 42,534,000 | 42,604,000 | 43,204,000 | 44,415,000 |
| Noninterest-bearing deposits | 2,867,000 | 2,895,000 | 3,418,000 | 3,215,000 |
| Equity capital | 3,627,000 | 3,731,000 | 3,806,000 | 3,623,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 818,000 | 1,608,000 | 2,428,000 | 3,240,000 |
| Interest expense | 380,000 | 737,000 | 1,068,000 | 1,390,000 |
| Net interest income | 438,000 | 871,000 | 1,360,000 | 1,850,000 |
| Noninterest income | 41,000 | 94,000 | 152,000 | 199,000 |
| Noninterest expense | 245,000 | 517,000 | 802,000 | 1,187,000 |
| Provision for loan losses | 75,000 | 150,000 | 300,000 | 654,000 |
| Pretax income | 159,000 | 298,000 | 410,000 | 208,000 |
| Income tax | 32,000 | 68,000 | 104,000 | 60,000 |
| Net income | 127,000 | 230,000 | 306,000 | 148,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,627,000 | 3,731,000 | 3,806,000 | 3,623,000 |
| Total capital | 3,984,000 | 4,076,000 | 4,186,000 | 4,069,000 |
| Risk-weighted assets | 36,799,000 | 38,177,000 | 39,344,000 | 40,498,000 |