Call reports 2010
BLACK MOUNTAIN SAVINGS BANK, SSB — 2010
What BLACK MOUNTAIN SAVINGS BANK, SSB 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 | 36,081,000 | 36,196,000 | 36,268,000 | 35,529,000 |
| Total loans | 28,247,000 | 28,037,000 | 27,529,000 | 27,155,000 |
| Allowance for loan losses | 23,000 | 23,000 | 45,000 | 30,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 32,127,000 | 32,217,000 | 32,255,000 | 31,444,000 |
| Interest-bearing deposits | 32,075,000 | 32,165,000 | 32,202,000 | 31,433,000 |
| Noninterest-bearing deposits | 52,000 | 52,000 | 53,000 | 11,000 |
| Equity capital | 3,798,000 | 3,845,000 | 3,869,000 | 3,916,000 |
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 | 460,000 | 914,000 | 1,347,000 | 1,796,000 |
| Interest expense | 157,000 | 297,000 | 432,000 | 552,000 |
| Net interest income | 303,000 | 617,000 | 915,000 | 1,244,000 |
| Noninterest income | 2,000 | 5,000 | 7,000 | 2,000 |
| Noninterest expense | 222,000 | 459,000 | 693,000 | 944,000 |
| Provision for loan losses | 0 | 0 | 22,000 | 7,000 |
| Pretax income | 83,000 | 163,000 | 207,000 | 295,000 |
| Income tax | 20,000 | 53,000 | 73,000 | 114,000 |
| Net income | 63,000 | 110,000 | 134,000 | 181,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,798,000 | 3,845,000 | 3,869,000 | 3,916,000 |
| Total capital | 3,821,000 | 3,868,000 | 3,914,000 | 3,946,000 |
| Risk-weighted assets | 17,880,000 | 17,968,000 | 18,024,000 | 16,947,000 |