Call reports 2006
FIRST NATIONAL BANK OF STERLING CITY, THE — 2006
What FIRST NATIONAL BANK OF STERLING CITY, 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 | 51,610,000 | 45,124,000 | 42,103,000 | 45,211,000 |
| Total loans | 14,997,000 | 15,303,000 | 16,507,000 | 17,007,000 |
| Allowance for loan losses | 83,000 | 107,000 | 105,000 | 127,000 |
| Securities available for sale | 23,144,000 | 19,526,000 | 16,692,000 | 16,373,000 |
| Securities held to maturity | 5,020,000 | 4,943,000 | 4,766,000 | 4,764,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 45,158,000 | 38,672,000 | 35,326,000 | 38,549,000 |
| Interest-bearing deposits | 33,921,000 | 28,088,000 | 25,705,000 | 24,690,000 |
| Noninterest-bearing deposits | 11,237,000 | 10,584,000 | 9,621,000 | 13,859,000 |
| Equity capital | 6,347,000 | 6,349,000 | 6,587,000 | 6,478,000 |
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 | 608,000 | 1,225,000 | 1,805,000 | 2,412,000 |
| Interest expense | 178,000 | 366,000 | 514,000 | 639,000 |
| Net interest income | 430,000 | 859,000 | 1,291,000 | 1,773,000 |
| Noninterest income | 54,000 | 116,000 | 182,000 | 288,000 |
| Noninterest expense | 370,000 | 741,000 | 1,126,000 | 1,513,000 |
| Provision for loan losses | 5,000 | 15,000 | 15,000 | 15,000 |
| Pretax income | 109,000 | 219,000 | 332,000 | 533,000 |
| Income tax | 25,000 | 50,000 | 75,000 | 109,000 |
| Net income | 84,000 | 169,000 | 257,000 | 424,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,637,000 | 6,722,000 | 6,810,000 | 6,641,000 |
| Total capital | 6,720,000 | 6,829,000 | 6,915,000 | 6,768,000 |
| Risk-weighted assets | 25,002,000 | 23,869,000 | 23,896,000 | 24,855,000 |