Call reports 2010
ERGO BANK — 2010
What ERGO 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 | 78,870,000 | 78,678,000 | 78,798,000 | 77,621,000 |
| Total loans | 39,099,000 | 39,521,000 | 40,069,000 | 38,400,000 |
| Allowance for loan losses | 575,000 | 440,000 | 869,000 | 1,555,000 |
| Securities available for sale | 29,747,000 | 29,223,000 | 29,010,000 | 29,111,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 60,955,000 | 61,134,000 | 61,198,000 | 61,814,000 |
| Interest-bearing deposits | 56,803,000 | 55,779,000 | 55,660,000 | 57,196,000 |
| Noninterest-bearing deposits | 4,152,000 | 5,355,000 | 5,538,000 | 4,618,000 |
| Equity capital | 10,966,000 | 10,736,000 | 10,736,000 | 10,076,000 |
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 | 991,000 | 1,963,000 | 2,923,000 | 3,876,000 |
| Interest expense | 297,000 | 579,000 | 851,000 | 1,100,000 |
| Net interest income | 694,000 | 1,384,000 | 2,072,000 | 2,776,000 |
| Noninterest income | 86,000 | 179,000 | 264,000 | 345,000 |
| Noninterest expense | 563,000 | 1,579,000 | 2,165,000 | 2,687,000 |
| Provision for loan losses | 49,000 | 205,000 | 633,000 | 1,325,000 |
| Pretax income | 168,000 | -221,000 | -462,000 | -891,000 |
| Income tax | 16,000 | -189,000 | -336,000 | -486,000 |
| Net income | 152,000 | -32,000 | -126,000 | -405,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,367,000 | 10,083,000 | 9,930,000 | 9,590,000 |
| Total capital | 10,942,000 | 10,523,000 | 10,522,000 | 10,168,000 |
| Risk-weighted assets | 46,678,000 | 46,931,000 | 47,138,000 | 44,533,000 |