Call reports 2001
FIRST NATIONAL BANK OF STERLING CITY, THE — 2001
What FIRST NATIONAL BANK OF STERLING CITY, THE reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 37,902,000 | 37,032,000 | 36,842,000 | 36,418,000 |
| Total loans | 16,068,000 | 16,930,000 | 16,345,000 | 14,617,000 |
| Allowance for loan losses | 98,000 | 100,000 | 99,000 | 99,000 |
| Securities available for sale | 9,216,000 | 10,078,000 | 12,021,000 | 10,827,000 |
| Securities held to maturity | 6,008,000 | 5,809,000 | 4,888,000 | 6,566,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,941,000 | 29,959,000 | 29,520,000 | 29,575,000 |
| Interest-bearing deposits | 26,043,000 | 24,401,000 | 23,510,000 | 22,192,000 |
| Noninterest-bearing deposits | 4,898,000 | 5,558,000 | 6,010,000 | 7,383,000 |
| Equity capital | 6,721,000 | 6,858,000 | 7,116,000 | 6,709,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 623,000 | 1,231,000 | 1,832,000 | 2,377,000 |
| Interest expense | 198,000 | 370,000 | 491,000 | 562,000 |
| Net interest income | 425,000 | 861,000 | 1,341,000 | 1,815,000 |
| Noninterest income | 54,000 | 118,000 | 181,000 | 251,000 |
| Noninterest expense | 331,000 | 655,000 | 988,000 | 1,390,000 |
| Provision for loan losses | 8,000 | 8,000 | 8,000 | 8,000 |
| Pretax income | 140,000 | 316,000 | 526,000 | 668,000 |
| Income tax | 35,000 | 74,000 | 112,000 | 145,000 |
| Net income | 105,000 | 242,000 | 414,000 | 523,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,565,000 | 6,694,000 | 6,866,000 | 6,516,000 |
| Total capital | 6,663,000 | 6,794,000 | 6,965,000 | 6,615,000 |
| Risk-weighted assets | 19,974,000 | 20,779,000 | 20,259,000 | 19,436,000 |