Call reports 2011
ERICSON STATE BANK — 2011
What ERICSON STATE 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 | 48,214,000 | 49,553,000 | 49,904,000 | 49,256,000 |
| Total loans | 42,871,000 | 43,541,000 | 44,361,000 | 43,067,000 |
| Allowance for loan losses | 654,000 | 585,000 | 532,000 | 508,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 3,237,000 | 3,724,000 | 3,516,000 | 3,931,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,190,000 | 44,214,000 | 44,574,000 | 43,890,000 |
| Interest-bearing deposits | 39,324,000 | 40,346,000 | 39,886,000 | 39,437,000 |
| Noninterest-bearing deposits | 3,866,000 | 3,868,000 | 4,688,000 | 4,453,000 |
| Equity capital | 4,026,000 | 4,213,000 | 4,418,000 | 4,406,000 |
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 | 784,000 | 1,547,000 | 2,339,000 | 3,107,000 |
| Interest expense | 182,000 | 351,000 | 515,000 | 667,000 |
| Net interest income | 602,000 | 1,196,000 | 1,824,000 | 2,440,000 |
| Noninterest income | 37,000 | 79,000 | 120,000 | 152,000 |
| Noninterest expense | 326,000 | 634,000 | 917,000 | 1,259,000 |
| Provision for loan losses | 100,000 | 205,000 | 325,000 | 445,000 |
| Pretax income | 213,000 | 436,000 | 702,000 | 888,000 |
| Income tax | 36,000 | 72,000 | 108,000 | 306,000 |
| Net income | 177,000 | 364,000 | 594,000 | 582,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,026,000 | 4,213,000 | 4,418,000 | 4,406,000 |
| Total capital | 4,529,000 | 4,713,000 | 4,928,000 | 4,903,000 |
| Risk-weighted assets | 39,308,000 | 39,916,000 | 40,043,000 | 39,002,000 |