Call reports 2009
POLK COUNTY BANK — 2009
What POLK COUNTY BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 150,828,000 | 139,210,000 | 130,264,000 | 121,631,000 |
| Total loans | 111,360,000 | 100,966,000 | 90,327,000 | 81,348,000 |
| Allowance for loan losses | 1,470,000 | 3,710,000 | 3,488,000 | 2,969,000 |
| Securities available for sale | 9,137,000 | 7,359,000 | 6,587,000 | 5,838,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,247,000 | 113,683,000 | 105,726,000 | 98,452,000 |
| Interest-bearing deposits | 97,319,000 | 93,777,000 | 84,899,000 | 77,280,000 |
| Noninterest-bearing deposits | 22,928,000 | 19,906,000 | 20,827,000 | 21,172,000 |
| Equity capital | 13,137,000 | 8,368,000 | 8,126,000 | 6,680,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 1,697,000 | 3,385,000 | 4,798,000 | 6,202,000 |
| Interest expense | 749,000 | 1,393,000 | 1,977,000 | 2,475,000 |
| Net interest income | 948,000 | 1,992,000 | 2,821,000 | 3,727,000 |
| Noninterest income | 299,000 | 474,000 | 1,210,000 | 867,000 |
| Noninterest expense | 1,374,000 | 3,233,000 | 5,047,000 | 7,022,000 |
| Provision for loan losses | 240,000 | 4,380,000 | 4,380,000 | 4,380,000 |
| Pretax income | -367,000 | -5,147,000 | -5,396,000 | -6,808,000 |
| Income tax | 0 | -5,000 | -5,000 | -5,000 |
| Net income | -367,000 | -5,142,000 | -5,391,000 | -6,803,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,986,000 | 8,205,000 | 7,963,000 | 6,550,000 |
| Total capital | 14,403,000 | 9,519,000 | 9,171,000 | 7,730,000 |
| Risk-weighted assets | 112,719,000 | 101,962,000 | 93,774,000 | 91,865,000 |