Call reports 2011
POLK COUNTY BANK — 2011
What POLK COUNTY BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Total assets | 101,447,000 | 98,880,000 | 91,580,000 |
| Total loans | 58,419,000 | 57,233,000 | 55,098,000 |
| Allowance for loan losses | 2,297,000 | 2,358,000 | 2,297,000 |
| Securities available for sale | 9,292,000 | 9,146,000 | 9,320,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 87,660,000 | 85,935,000 | 81,967,000 |
| Interest-bearing deposits | 64,984,000 | 62,820,000 | 59,726,000 |
| Noninterest-bearing deposits | 22,676,000 | 23,115,000 | 22,241,000 |
| Equity capital | 2,266,000 | 1,857,000 | 1,507,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Interest income | 999,000 | 1,963,000 | 2,868,000 |
| Interest expense | 229,000 | 414,000 | 590,000 |
| Net interest income | 770,000 | 1,549,000 | 2,278,000 |
| Noninterest income | 452,000 | 651,000 | 1,072,000 |
| Noninterest expense | 1,541,000 | 2,960,000 | 4,475,000 |
| Provision for loan losses | 1,025,000 | 1,152,000 | 1,152,000 |
| Pretax income | -1,344,000 | -1,912,000 | -2,277,000 |
| Income tax | 50,000 | 17,000 | 17,000 |
| Net income | -1,394,000 | -1,929,000 | -2,294,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Tier 1 capital | 2,223,000 | 1,687,000 | 1,322,000 |
| Total capital | 3,101,000 | 2,526,000 | 2,248,000 |
| Risk-weighted assets | 68,072,000 | 64,858,000 | 72,691,000 |