Call reports 2010
ALLENDALE COUNTY BANK — 2010
What ALLENDALE COUNTY 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 | 54,972,000 | 55,925,000 | 55,412,000 | 55,380,000 |
| Total loans | 25,544,000 | 26,411,000 | 26,161,000 | 26,193,000 |
| Allowance for loan losses | 550,000 | 591,000 | 631,000 | 580,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 21,100,000 | 21,100,000 | 21,149,000 | 21,149,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 51,280,000 | 52,203,000 | 51,687,000 | 51,731,000 |
| Interest-bearing deposits | 38,894,000 | 38,515,000 | 39,283,000 | 39,615,000 |
| Noninterest-bearing deposits | 12,386,000 | 13,688,000 | 12,404,000 | 12,116,000 |
| Equity capital | 3,552,000 | 3,568,000 | 3,584,000 | 3,497,000 |
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 | 731,000 | 1,448,000 | 2,188,000 | 2,919,000 |
| Interest expense | 129,000 | 262,000 | 391,000 | 520,000 |
| Net interest income | 602,000 | 1,186,000 | 1,797,000 | 2,399,000 |
| Noninterest income | 64,000 | 136,000 | 204,000 | 267,000 |
| Noninterest expense | 482,000 | 991,000 | 1,530,000 | 2,076,000 |
| Provision for loan losses | 101,000 | 220,000 | 341,000 | 583,000 |
| Pretax income | 83,000 | 111,000 | 130,000 | 7,000 |
| Income tax | 21,000 | 33,000 | 36,000 | 0 |
| Net income | 62,000 | 78,000 | 94,000 | 7,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,419,000 | 3,435,000 | 3,433,000 | 3,346,000 |
| Total capital | 3,804,000 | 3,832,000 | 3,826,000 | 3,740,000 |
| Risk-weighted assets | 30,706,000 | 31,580,000 | 31,233,000 | 31,328,000 |