Call reports 2005
FIRST NATIONAL BANK OF STERLING CITY, THE — 2005
What FIRST NATIONAL BANK OF STERLING CITY, THE reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 46,251,000 | 43,581,000 | 39,941,000 | 43,774,000 |
| Total loans | 13,622,000 | 15,959,000 | 17,253,000 | 15,198,000 |
| Allowance for loan losses | 101,000 | 100,000 | 97,000 | 90,000 |
| Securities available for sale | 16,130,000 | 14,818,000 | 14,735,000 | 15,157,000 |
| Securities held to maturity | 5,656,000 | 5,653,000 | 5,474,000 | 5,207,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,728,000 | 36,844,000 | 32,897,000 | 37,285,000 |
| Interest-bearing deposits | 31,060,000 | 28,794,000 | 23,229,000 | 23,632,000 |
| Noninterest-bearing deposits | 8,668,000 | 8,050,000 | 9,668,000 | 13,653,000 |
| Equity capital | 6,405,000 | 6,551,000 | 6,628,000 | 6,333,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 473,000 | 974,000 | 1,496,000 | 2,016,000 |
| Interest expense | 81,000 | 171,000 | 250,000 | 317,000 |
| Net interest income | 392,000 | 803,000 | 1,246,000 | 1,699,000 |
| Noninterest income | 65,000 | 140,000 | 209,000 | 278,000 |
| Noninterest expense | 378,000 | 751,000 | 1,129,000 | 1,469,000 |
| Provision for loan losses | 0 | 0 | 0 | 20,000 |
| Pretax income | 79,000 | 192,000 | 326,000 | 488,000 |
| Income tax | 10,000 | 20,000 | 30,000 | 63,000 |
| Net income | 69,000 | 172,000 | 296,000 | 425,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,542,000 | 6,645,000 | 6,769,000 | 6,558,000 |
| Total capital | 6,643,000 | 6,745,000 | 6,866,000 | 6,648,000 |
| Risk-weighted assets | 22,086,000 | 25,859,000 | 23,922,000 | 23,385,000 |