Call reports 2010
FIRST NATIONAL BANK OF STERLING CITY, THE — 2010
What FIRST NATIONAL BANK OF STERLING CITY, THE reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 84,373,000 | 81,095,000 | 79,558,000 | 83,323,000 |
| Total loans | 25,383,000 | 27,178,000 | 26,897,000 | 26,711,000 |
| Allowance for loan losses | 199,000 | 193,000 | 231,000 | 259,000 |
| Securities available for sale | 42,934,000 | 44,254,000 | 42,705,000 | 43,834,000 |
| Securities held to maturity | 2,913,000 | 2,712,000 | 2,302,000 | 2,086,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,849,000 | 71,087,000 | 69,200,000 | 73,662,000 |
| Interest-bearing deposits | 58,221,000 | 55,126,000 | 52,646,000 | 54,253,000 |
| Noninterest-bearing deposits | 16,628,000 | 15,961,000 | 16,553,000 | 19,408,000 |
| Equity capital | 9,451,000 | 9,902,000 | 10,235,000 | 9,578,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 836,000 | 1,705,000 | 2,579,000 | 3,439,000 |
| Interest expense | 63,000 | 126,000 | 185,000 | 240,000 |
| Net interest income | 773,000 | 1,579,000 | 2,394,000 | 3,199,000 |
| Noninterest income | 116,000 | 231,000 | 338,000 | 457,000 |
| Noninterest expense | 638,000 | 1,241,000 | 1,895,000 | 2,546,000 |
| Provision for loan losses | 45,000 | 45,000 | 165,000 | 195,000 |
| Pretax income | 206,000 | 524,000 | 672,000 | 915,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 206,000 | 524,000 | 672,000 | 915,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,417,000 | 7,655,000 | 7,723,000 | 7,625,000 |
| Total capital | 7,616,000 | 7,848,000 | 7,954,000 | 7,884,000 |
| Risk-weighted assets | 34,581,000 | 36,768,000 | 35,942,000 | 36,526,000 |