Call reports 2006
STATE EXCHANGE BANK, THE — 2006
What STATE EXCHANGE BANK, THE reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 34,014,000 | 35,097,000 | 34,976,000 | 37,165,000 |
| Total loans | 26,518,000 | 28,393,000 | 28,184,000 | 30,702,000 |
| Allowance for loan losses | 482,000 | 497,000 | 517,000 | 375,000 |
| Securities available for sale | 5,123,000 | 5,008,000 | 5,436,000 | 5,034,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,593,000 | 30,563,000 | 28,160,000 | 27,412,000 |
| Interest-bearing deposits | 27,413,000 | 26,550,000 | 24,120,000 | 24,149,000 |
| Noninterest-bearing deposits | 3,180,000 | 4,014,000 | 4,040,000 | 3,263,000 |
| Equity capital | 2,188,000 | 2,306,000 | 2,476,000 | 2,588,000 |
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 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 630,000 | 1,296,000 | 1,989,000 | 2,717,000 |
| Interest expense | 211,000 | 438,000 | 678,000 | 952,000 |
| Net interest income | 419,000 | 858,000 | 1,311,000 | 1,765,000 |
| Noninterest income | 34,000 | 47,000 | 57,000 | 90,000 |
| Noninterest expense | 205,000 | 417,000 | 653,000 | 948,000 |
| Provision for loan losses | 45,000 | 75,000 | 105,000 | 155,000 |
| Pretax income | 203,000 | 413,000 | 610,000 | 752,000 |
| Income tax | 69,000 | 145,000 | 205,000 | 251,000 |
| Net income | 134,000 | 268,000 | 405,000 | 501,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,245,000 | 2,378,000 | 2,516,000 | 2,612,000 |
| Total capital | 2,577,000 | 2,734,000 | 2,867,000 | 2,980,000 |
| Risk-weighted assets | 26,436,000 | 28,295,000 | 27,863,000 | 29,471,000 |