Call reports 2011
GARDEN CITY STATE BANK — 2011
What GARDEN CITY STATE BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 60,991,000 | 63,586,000 | 66,613,000 | 67,723,000 |
| Total loans | 53,284,000 | 55,524,000 | 55,694,000 | 56,845,000 |
| Allowance for loan losses | 1,296,000 | 1,058,000 | 1,078,000 | 953,000 |
| Securities available for sale | 2,763,000 | 2,798,000 | 2,864,000 | 3,441,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,915,000 | 50,029,000 | 51,913,000 | 56,020,000 |
| Interest-bearing deposits | 41,405,000 | 40,840,000 | 42,000,000 | 45,515,000 |
| Noninterest-bearing deposits | 8,510,000 | 9,189,000 | 9,913,000 | 10,505,000 |
| Equity capital | 7,642,000 | 8,083,000 | 8,564,000 | 8,947,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 920,000 | 1,867,000 | 2,849,000 | 3,846,000 |
| Interest expense | 141,000 | 273,000 | 396,000 | 530,000 |
| Net interest income | 779,000 | 1,594,000 | 2,453,000 | 3,316,000 |
| Noninterest income | 162,000 | 373,000 | 593,000 | 749,000 |
| Noninterest expense | 493,000 | 1,006,000 | 1,539,000 | 2,044,000 |
| Provision for loan losses | 126,000 | 211,000 | 319,000 | 409,000 |
| Pretax income | 322,000 | 750,000 | 1,188,000 | 1,612,000 |
| Income tax | 30,000 | 42,000 | 67,000 | 91,000 |
| Net income | 292,000 | 708,000 | 1,121,000 | 1,521,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,618,000 | 8,024,000 | 8,437,000 | 8,837,000 |
| Total capital | 8,321,000 | 8,760,000 | 9,179,000 | 9,587,000 |
| Risk-weighted assets | 55,644,000 | 58,552,000 | 59,009,000 | 59,835,000 |