Call reports 2011
BLACK MOUNTAIN SAVINGS BANK, SSB — 2011
What BLACK MOUNTAIN SAVINGS BANK, SSB 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 | 35,441,000 | 35,402,000 | 36,064,000 | 36,003,000 |
| Total loans | 27,252,000 | 26,870,000 | 26,146,000 | 26,769,000 |
| Allowance for loan losses | 30,000 | 45,000 | 45,000 | 45,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 31,323,000 | 31,287,000 | 31,788,000 | 31,434,000 |
| Interest-bearing deposits | 31,262,000 | 31,225,000 | 31,788,000 | 31,434,000 |
| Noninterest-bearing deposits | 61,000 | 62,000 | 0 | 0 |
| Equity capital | 3,999,000 | 4,039,000 | 4,091,000 | 4,167,000 |
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 | 434,000 | 853,000 | 1,282,000 | 1,693,000 |
| Interest expense | 104,000 | 200,000 | 294,000 | 383,000 |
| Net interest income | 330,000 | 653,000 | 988,000 | 1,310,000 |
| Noninterest income | 2,000 | 2,000 | 5,000 | 8,000 |
| Noninterest expense | 219,000 | 453,000 | 694,000 | 898,000 |
| Provision for loan losses | 0 | 15,000 | 15,000 | 15,000 |
| Pretax income | 113,000 | 187,000 | 284,000 | 405,000 |
| Income tax | 30,000 | 64,000 | 109,000 | 154,000 |
| Net income | 83,000 | 123,000 | 175,000 | 251,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,999,000 | 4,039,000 | 4,091,000 | 4,167,000 |
| Total capital | 4,029,000 | 4,084,000 | 4,136,000 | 4,212,000 |
| Risk-weighted assets | 16,859,000 | 16,743,000 | 16,438,000 | 15,143,000 |