Call reports 2010
BANCROFT STATE BANK — 2010
What BANCROFT STATE 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 | 67,840,000 | 65,509,000 | 66,940,000 | 67,099,000 |
| Total loans | 57,437,000 | 58,553,000 | 58,718,000 | 56,612,000 |
| Allowance for loan losses | 512,000 | 1,000,000 | 1,090,000 | 861,000 |
| Securities available for sale | 5,144,000 | 3,076,000 | 3,074,000 | 3,197,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,109,000 | 59,011,000 | 60,353,000 | 60,552,000 |
| Interest-bearing deposits | 52,997,000 | 51,746,000 | 52,862,000 | 51,796,000 |
| Noninterest-bearing deposits | 8,112,000 | 7,265,000 | 7,491,000 | 8,756,000 |
| Equity capital | 6,055,000 | 5,723,000 | 5,948,000 | 5,913,000 |
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 | 955,000 | 1,901,000 | 2,795,000 | 3,705,000 |
| Interest expense | 263,000 | 499,000 | 724,000 | 934,000 |
| Net interest income | 692,000 | 1,402,000 | 2,071,000 | 2,771,000 |
| Noninterest income | 44,000 | 53,000 | 42,000 | -30,000 |
| Noninterest expense | 536,000 | 1,013,000 | 1,524,000 | 2,095,000 |
| Provision for loan losses | 60,000 | 639,000 | 1,011,000 | 1,061,000 |
| Pretax income | 140,000 | -197,000 | -422,000 | -415,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 140,000 | -197,000 | -422,000 | -415,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,962,000 | 5,612,000 | 5,837,000 | 5,844,000 |
| Total capital | 6,474,000 | 6,282,000 | 6,505,000 | 6,490,000 |
| Risk-weighted assets | 63,036,000 | 53,275,000 | 52,980,000 | 51,442,000 |