Call reports 2006
FLORENCE NATIONAL BANK — 2006
What FLORENCE NATIONAL BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 |
|---|---|---|---|
| Total assets | 84,710,000 | 84,752,000 | 86,367,000 |
| Total loans | 76,996,000 | 76,076,000 | 73,944,000 |
| Allowance for loan losses | 1,002,000 | 913,000 | 1,029,000 |
| Securities available for sale | 1,218,000 | 1,218,000 | 1,229,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 73,399,000 | 73,324,000 | 70,893,000 |
| Interest-bearing deposits | 65,624,000 | 65,525,000 | 62,800,000 |
| Noninterest-bearing deposits | 7,775,000 | 7,799,000 | 8,093,000 |
| Equity capital | 7,214,000 | 7,308,000 | 7,370,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 |
|---|---|---|---|
| Interest income | 1,399,000 | 2,939,000 | 4,500,000 |
| Interest expense | 593,000 | 1,270,000 | 1,990,000 |
| Net interest income | 806,000 | 1,669,000 | 2,510,000 |
| Noninterest income | 153,000 | 310,000 | 497,000 |
| Noninterest expense | 632,000 | 1,265,000 | 1,945,000 |
| Provision for loan losses | 60,000 | 160,000 | 280,000 |
| Pretax income | 267,000 | 554,000 | 782,000 |
| Income tax | 98,000 | 201,000 | 283,000 |
| Net income | 169,000 | 353,000 | 499,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 |
|---|---|---|---|
| Tier 1 capital | 7,234,000 | 7,328,000 | 7,383,000 |
| Total capital | 8,155,000 | 8,234,000 | 8,278,000 |
| Risk-weighted assets | 73,580,000 | 72,493,000 | 71,448,000 |