Call reports 2010
ERICSON STATE BANK — 2010
What ERICSON STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 52,224,000 | 53,060,000 | 50,535,000 | 48,256,000 |
| Total loans | 43,025,000 | 44,303,000 | 44,564,000 | 42,492,000 |
| Allowance for loan losses | 533,000 | 864,000 | 811,000 | 690,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 6,531,000 | 5,569,000 | 3,786,000 | 3,337,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,621,000 | 48,366,000 | 45,905,000 | 42,887,000 |
| Interest-bearing deposits | 44,763,000 | 45,307,000 | 41,485,000 | 39,259,000 |
| Noninterest-bearing deposits | 2,858,000 | 3,059,000 | 4,420,000 | 3,628,000 |
| Equity capital | 3,840,000 | 3,679,000 | 3,830,000 | 3,849,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 836,000 | 1,645,000 | 2,480,000 | 3,287,000 |
| Interest expense | 272,000 | 529,000 | 761,000 | 969,000 |
| Net interest income | 564,000 | 1,116,000 | 1,719,000 | 2,318,000 |
| Noninterest income | 47,000 | 98,000 | 150,000 | 189,000 |
| Noninterest expense | 294,000 | 650,000 | 969,000 | 1,371,000 |
| Provision for loan losses | 65,000 | 490,000 | 640,000 | 790,000 |
| Pretax income | 252,000 | 74,000 | 260,000 | 346,000 |
| Income tax | 36,000 | 18,000 | 54,000 | 120,000 |
| Net income | 216,000 | 56,000 | 206,000 | 226,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,840,000 | 3,679,000 | 3,830,000 | 3,849,000 |
| Total capital | 4,369,000 | 4,222,000 | 4,361,000 | 4,364,000 |
| Risk-weighted assets | 41,712,000 | 42,392,000 | 41,443,000 | 40,273,000 |