Call reports 2009
FIRST NATIONAL BANK OF STERLING CITY, THE — 2009
What FIRST NATIONAL BANK OF STERLING CITY, 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 | 84,894,000 | 79,039,000 | 76,593,000 | 80,777,000 |
| Total loans | 23,278,000 | 24,683,000 | 26,417,000 | 26,404,000 |
| Allowance for loan losses | 190,000 | 201,000 | 200,000 | 215,000 |
| Securities available for sale | 48,150,000 | 46,319,000 | 42,540,000 | 39,880,000 |
| Securities held to maturity | 3,612,000 | 3,526,000 | 3,290,000 | 3,154,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 75,618,000 | 69,963,000 | 66,619,000 | 71,498,000 |
| Interest-bearing deposits | 57,304,000 | 52,772,000 | 51,460,000 | 54,610,000 |
| Noninterest-bearing deposits | 18,314,000 | 17,192,000 | 15,159,000 | 16,888,000 |
| Equity capital | 9,132,000 | 8,830,000 | 9,699,000 | 9,189,000 |
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 | 915,000 | 1,835,000 | 2,751,000 | 3,652,000 |
| Interest expense | 99,000 | 178,000 | 251,000 | 321,000 |
| Net interest income | 816,000 | 1,657,000 | 2,500,000 | 3,331,000 |
| Noninterest income | 101,000 | 216,000 | 340,000 | 467,000 |
| Noninterest expense | 554,000 | 1,187,000 | 1,790,000 | 2,436,000 |
| Provision for loan losses | 0 | 0 | 13,000 | 349,000 |
| Pretax income | 363,000 | 686,000 | 1,045,000 | 1,034,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 363,000 | 686,000 | 1,045,000 | 1,034,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,163,000 | 7,407,000 | 7,686,000 | 7,291,000 |
| Total capital | 7,353,000 | 7,608,000 | 7,886,000 | 7,506,000 |
| Risk-weighted assets | 34,080,000 | 34,272,000 | 35,254,000 | 35,389,000 |