Call reports 2013
ERICSON STATE BANK — 2013
What ERICSON STATE BANK 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 | 56,328,000 | 58,513,000 | 61,685,000 | 64,304,000 |
| Total loans | 44,666,000 | 48,173,000 | 49,597,000 | 49,699,000 |
| Allowance for loan losses | 447,000 | 468,000 | 443,000 | 462,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 7,491,000 | 8,195,000 | 9,794,000 | 11,213,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 50,397,000 | 52,497,000 | 51,586,000 | 53,873,000 |
| Interest-bearing deposits | 45,029,000 | 45,493,000 | 46,516,000 | 48,216,000 |
| Noninterest-bearing deposits | 5,368,000 | 7,004,000 | 5,070,000 | 5,657,000 |
| Equity capital | 5,187,000 | 5,340,000 | 5,547,000 | 5,545,000 |
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 | 741,000 | 1,502,000 | 2,350,000 | 3,219,000 |
| Interest expense | 134,000 | 268,000 | 402,000 | 539,000 |
| Net interest income | 607,000 | 1,234,000 | 1,948,000 | 2,680,000 |
| Noninterest income | 36,000 | 69,000 | 98,000 | 125,000 |
| Noninterest expense | 264,000 | 591,000 | 897,000 | 1,364,000 |
| Provision for loan losses | 30,000 | 135,000 | 215,000 | 338,000 |
| Pretax income | 349,000 | 577,000 | 934,000 | 1,103,000 |
| Income tax | 75,000 | 150,000 | 225,000 | 386,000 |
| Net income | 274,000 | 427,000 | 709,000 | 717,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,187,000 | 5,340,000 | 5,547,000 | 5,545,000 |
| Total capital | 5,634,000 | 5,808,000 | 5,990,000 | 6,007,000 |
| Risk-weighted assets | 41,657,000 | 45,287,000 | 47,277,000 | 48,092,000 |