Call reports 2005
PINEHURST BANK — 2005
What PINEHURST BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 16,044,000 | 21,860,000 | 23,791,000 | 30,487,000 |
| Total loans | 12,102,000 | 16,632,000 | 20,092,000 | 25,775,000 |
| Allowance for loan losses | 145,000 | 208,000 | 241,000 | 309,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,127,000 | 16,117,000 | 18,200,000 | 24,959,000 |
| Interest-bearing deposits | 8,044,000 | 13,237,000 | 16,440,000 | 22,751,000 |
| Noninterest-bearing deposits | 2,083,000 | 2,880,000 | 1,761,000 | 2,209,000 |
| Equity capital | 5,885,000 | 5,674,000 | 5,516,000 | 5,363,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 166,000 | 466,000 | 838,000 | 1,308,000 |
| Interest expense | 25,000 | 117,000 | 254,000 | 455,000 |
| Net interest income | 141,000 | 349,000 | 584,000 | 853,000 |
| Noninterest income | 4,000 | 9,000 | 17,000 | 22,000 |
| Noninterest expense | 368,000 | 728,000 | 1,097,000 | 1,456,000 |
| Provision for loan losses | 34,000 | 98,000 | 130,000 | 198,000 |
| Pretax income | -257,000 | -468,000 | -626,000 | -779,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -257,000 | -468,000 | -626,000 | -779,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,885,000 | 5,674,000 | 5,516,000 | 5,363,000 |
| Total capital | 6,030,000 | 5,882,000 | 5,757,000 | 5,363,000 |
| Risk-weighted assets | 13,145,000 | 17,721,000 | 20,801,000 | 25,128,000 |