Call reports 2012
ERICSON STATE BANK — 2012
What ERICSON STATE 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 | 48,584,000 | 50,868,000 | 54,475,000 | 54,596,000 |
| Total loans | 41,674,000 | 44,121,000 | 46,399,000 | 44,527,000 |
| Allowance for loan losses | 529,000 | 513,000 | 464,000 | 458,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 4,505,000 | 4,901,000 | 5,833,000 | 6,271,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,371,000 | 44,207,000 | 47,772,000 | 48,886,000 |
| Interest-bearing deposits | 38,389,000 | 39,848,000 | 42,415,000 | 43,053,000 |
| Noninterest-bearing deposits | 4,982,000 | 4,359,000 | 5,357,000 | 5,833,000 |
| Equity capital | 4,580,000 | 4,777,000 | 5,003,000 | 4,963,000 |
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 | 737,000 | 1,494,000 | 2,300,000 | 3,092,000 |
| Interest expense | 140,000 | 277,000 | 417,000 | 553,000 |
| Net interest income | 597,000 | 1,217,000 | 1,883,000 | 2,539,000 |
| Noninterest income | 31,000 | 65,000 | 110,000 | 151,000 |
| Noninterest expense | 281,000 | 629,000 | 919,000 | 1,333,000 |
| Provision for loan losses | 120,000 | 170,000 | 230,000 | 350,000 |
| Pretax income | 227,000 | 483,000 | 844,000 | 1,007,000 |
| Income tax | 52,000 | 112,000 | 172,000 | 350,000 |
| Net income | 175,000 | 371,000 | 672,000 | 657,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,580,000 | 4,777,000 | 5,003,000 | 4,963,000 |
| Total capital | 5,060,000 | 5,284,000 | 5,467,000 | 5,421,000 |
| Risk-weighted assets | 37,552,000 | 39,759,000 | 42,483,000 | 41,489,000 |