Call reports 2010
PEOPLES STATE BANK OF VELVA — 2010
What PEOPLES STATE BANK OF VELVA 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 | 48,105,000 | 49,616,000 | 53,257,000 | 56,772,000 |
| Total loans | 23,458,000 | 28,408,000 | 30,121,000 | 31,207,000 |
| Allowance for loan losses | 344,000 | 350,000 | 356,000 | 362,000 |
| Securities available for sale | 8,536,000 | 8,931,000 | 8,652,000 | 11,593,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 40,510,000 | 41,951,000 | 45,433,000 | 49,111,000 |
| Interest-bearing deposits | 35,298,000 | 36,585,000 | 39,329,000 | 41,268,000 |
| Noninterest-bearing deposits | 5,212,000 | 5,366,000 | 6,104,000 | 7,843,000 |
| Equity capital | 5,468,000 | 5,467,000 | 5,561,000 | 5,438,000 |
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 | 460,000 | 991,000 | 1,580,000 | 2,179,000 |
| Interest expense | 166,000 | 344,000 | 528,000 | 715,000 |
| Net interest income | 294,000 | 647,000 | 1,052,000 | 1,464,000 |
| Noninterest income | 52,000 | 82,000 | 111,000 | 157,000 |
| Noninterest expense | 438,000 | 844,000 | 1,267,000 | 1,689,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 24,000 |
| Pretax income | -98,000 | -127,000 | -122,000 | -92,000 |
| Income tax | 3,000 | 6,000 | 9,000 | 0 |
| Net income | -101,000 | -133,000 | -131,000 | -92,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,083,000 | 5,035,000 | 5,014,000 | 5,053,000 |
| Total capital | 5,427,000 | 5,385,000 | 5,370,000 | 5,415,000 |
| Risk-weighted assets | 31,333,000 | 34,513,000 | 36,794,000 | 38,621,000 |