Call reports 2001
POLK COUNTY BANK — 2001
What POLK COUNTY BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 70,881,000 | 76,756,000 | 79,938,000 | 84,318,000 |
| Total loans | 56,647,000 | 60,800,000 | 66,293,000 | 70,594,000 |
| Allowance for loan losses | 615,000 | 633,000 | 666,000 | 810,000 |
| Securities available for sale | 8,089,000 | 7,448,000 | 7,743,000 | 7,424,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,305,000 | 68,416,000 | 68,069,000 | 70,814,000 |
| Interest-bearing deposits | 57,584,000 | 59,168,000 | 58,276,000 | 59,324,000 |
| Noninterest-bearing deposits | 7,721,000 | 9,248,000 | 9,793,000 | 11,490,000 |
| Equity capital | 4,907,000 | 5,092,000 | 5,608,000 | 5,926,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 1,559,000 | 3,211,000 | 4,862,000 | 6,590,000 |
| Interest expense | 775,000 | 1,492,000 | 2,191,000 | 2,791,000 |
| Net interest income | 784,000 | 1,719,000 | 2,671,000 | 3,799,000 |
| Noninterest income | 73,000 | 174,000 | 279,000 | 398,000 |
| Noninterest expense | 567,000 | 1,176,000 | 1,894,000 | 2,728,000 |
| Provision for loan losses | 75,000 | 150,000 | 225,000 | 450,000 |
| Pretax income | 215,000 | 567,000 | 831,000 | 1,019,000 |
| Income tax | 59,000 | 200,000 | 270,000 | 324,000 |
| Net income | 156,000 | 367,000 | 561,000 | 695,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,860,000 | 5,040,000 | 5,509,000 | 5,854,000 |
| Total capital | 5,475,000 | 5,673,000 | 6,175,000 | 6,664,000 |
| Risk-weighted assets | 57,940,000 | 61,969,000 | 67,394,000 | 69,501,000 |