Call reports 2009
STATE EXCHANGE BANK, THE — 2009
What STATE EXCHANGE BANK, THE reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 57,301,000 | 61,363,000 | 62,301,000 | 62,450,000 |
| Total loans | 51,699,000 | 55,112,000 | 57,485,000 | 59,161,000 |
| Allowance for loan losses | 575,000 | 601,000 | 556,000 | 1,300,000 |
| Securities available for sale | 3,481,000 | 3,352,000 | 1,612,000 | 1,082,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,518,000 | 44,292,000 | 44,315,000 | 49,999,000 |
| Interest-bearing deposits | 35,538,000 | 39,644,000 | 41,165,000 | 44,398,000 |
| Noninterest-bearing deposits | 5,980,000 | 4,648,000 | 3,151,000 | 5,602,000 |
| Equity capital | 4,853,000 | 5,151,000 | 5,482,000 | 5,038,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 942,000 | 2,065,000 | 3,170,000 | 4,049,000 |
| Interest expense | 206,000 | 412,000 | 590,000 | 758,000 |
| Net interest income | 736,000 | 1,653,000 | 2,580,000 | 3,291,000 |
| Noninterest income | 31,000 | 129,000 | 147,000 | 169,000 |
| Noninterest expense | 283,000 | 696,000 | 988,000 | 1,394,000 |
| Provision for loan losses | 80,000 | 170,000 | 265,000 | 1,363,000 |
| Pretax income | 404,000 | 916,000 | 1,500,000 | 729,000 |
| Income tax | 161,000 | 368,000 | 602,000 | 272,000 |
| Net income | 243,000 | 548,000 | 898,000 | 457,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,803,000 | 5,107,000 | 5,457,000 | 5,016,000 |
| Total capital | 5,378,000 | 5,708,000 | 6,013,000 | 5,740,000 |
| Risk-weighted assets | 51,971,000 | 54,704,000 | 56,862,000 | 57,356,000 |