Call reports 2010
POLK COUNTY BANK — 2010
What POLK COUNTY 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 | 121,644,000 | 114,447,000 | 109,565,000 | 102,166,000 |
| Total loans | 78,118,000 | 73,898,000 | 68,560,000 | 64,340,000 |
| Allowance for loan losses | 2,643,000 | 2,519,000 | 2,016,000 | 1,723,000 |
| Securities available for sale | 7,760,000 | 8,960,000 | 8,572,000 | 8,186,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 102,600,000 | 97,237,000 | 94,149,000 | 87,268,000 |
| Interest-bearing deposits | 80,851,000 | 75,814,000 | 73,265,000 | 67,476,000 |
| Noninterest-bearing deposits | 21,749,000 | 21,423,000 | 20,884,000 | 19,792,000 |
| Equity capital | 6,261,000 | 5,254,000 | 4,600,000 | 3,665,000 |
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 | 1,370,000 | 2,596,000 | 3,827,000 | 4,962,000 |
| Interest expense | 396,000 | 701,000 | 1,046,000 | 1,307,000 |
| Net interest income | 974,000 | 1,895,000 | 2,781,000 | 3,655,000 |
| Noninterest income | 163,000 | -440,000 | -353,000 | -526,000 |
| Noninterest expense | 1,538,000 | 2,850,000 | 4,258,000 | 5,687,000 |
| Provision for loan losses | 0 | 0 | 275,000 | 375,000 |
| Pretax income | -401,000 | -1,395,000 | -2,105,000 | -2,933,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -401,000 | -1,395,000 | -2,105,000 | -2,933,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,148,000 | 5,155,000 | 4,444,000 | 3,617,000 |
| Total capital | 7,289,000 | 6,186,000 | 5,415,000 | 4,535,000 |
| Risk-weighted assets | 89,156,000 | 80,251,000 | 76,006,000 | 72,047,000 |