Call reports 2015
ERICSON STATE BANK — 2015
What ERICSON STATE BANK reported to the FFIEC in 2015, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Total assets | 77,193,000 | 80,373,000 | 82,125,000 | 82,417,000 |
| Total loans | 60,069,000 | 63,394,000 | 64,064,000 | 63,917,000 |
| Allowance for loan losses | 585,000 | 608,000 | 598,000 | 634,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 14,430,000 | 14,326,000 | 14,233,000 | 14,390,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,529,000 | 65,928,000 | 67,439,000 | 67,957,000 |
| Interest-bearing deposits | 57,191,000 | 59,675,000 | 60,894,000 | 61,521,000 |
| Noninterest-bearing deposits | 6,338,000 | 6,253,000 | 6,545,000 | 6,436,000 |
| Equity capital | 6,414,000 | 6,705,000 | 6,962,000 | 6,909,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Interest income | 976,000 | 1,982,000 | 3,035,000 | 4,091,000 |
| Interest expense | 144,000 | 296,000 | 456,000 | 622,000 |
| Net interest income | 832,000 | 1,686,000 | 2,579,000 | 3,469,000 |
| Noninterest income | 24,000 | 53,000 | 84,000 | 96,000 |
| Noninterest expense | 365,000 | 757,000 | 1,158,000 | 1,667,000 |
| Provision for loan losses | 80,000 | 180,000 | 280,000 | 465,000 |
| Pretax income | 414,000 | 805,000 | 1,233,000 | 1,458,000 |
| Income tax | 101,000 | 201,000 | 307,000 | 510,000 |
| Net income | 313,000 | 604,000 | 926,000 | 948,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2015Q1 | 2015Q2 | 2015Q3 | 2015Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,414,000 | 6,705,000 | 6,962,000 | 6,909,000 |
| Total capital | 6,999,000 | 7,313,000 | 7,560,000 | 7,543,000 |
| Risk-weighted assets | 58,779,000 | 60,766,000 | 61,002,000 | 61,251,000 |