Call reports 2011
FIRST STATE BANK OF SHELBY, THE — 2011
What FIRST STATE BANK OF SHELBY, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 112,531,000 | 119,854,000 | 126,036,000 | 131,608,000 |
| Total loans | 23,979,000 | 25,294,000 | 27,896,000 | 25,001,000 |
| Allowance for loan losses | 485,000 | 579,000 | 575,000 | 758,000 |
| Securities available for sale | 38,781,000 | 42,632,000 | 48,253,000 | 56,724,000 |
| Securities held to maturity | 31,055,000 | 32,172,000 | 32,009,000 | 32,080,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,220,000 | 98,998,000 | 104,445,000 | 110,266,000 |
| Interest-bearing deposits | 63,432,000 | 69,082,000 | 70,889,000 | 72,870,000 |
| Noninterest-bearing deposits | 28,788,000 | 29,916,000 | 33,556,000 | 37,396,000 |
| Equity capital | 19,494,000 | 19,930,000 | 20,446,000 | 20,654,000 |
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 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 980,000 | 2,003,000 | 3,130,000 | 4,244,000 |
| Interest expense | 169,000 | 331,000 | 489,000 | 640,000 |
| Net interest income | 811,000 | 1,672,000 | 2,641,000 | 3,604,000 |
| Noninterest income | 147,000 | 294,000 | 437,000 | 549,000 |
| Noninterest expense | 476,000 | 975,000 | 1,524,000 | 2,140,000 |
| Provision for loan losses | 0 | 100,000 | 100,000 | 300,000 |
| Pretax income | 482,000 | 982,000 | 1,691,000 | 1,950,000 |
| Income tax | 187,000 | 386,000 | 649,000 | 361,000 |
| Net income | 295,000 | 596,000 | 1,042,000 | 1,589,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 19,068,000 | 19,369,000 | 19,816,000 | 20,071,000 |
| Total capital | 19,553,000 | 19,923,000 | 20,391,000 | 20,829,000 |
| Risk-weighted assets | 42,123,000 | 44,289,000 | 48,325,000 | 70,847,000 |