Call reports 2011
FIRST NATIONAL BANK OF STERLING CITY, THE — 2011
What FIRST NATIONAL BANK OF STERLING CITY, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 93,358,000 | 87,909,000 | 101,098,000 | 112,504,000 |
| Total loans | 25,214,000 | 26,005,000 | 25,476,000 | 24,987,000 |
| Allowance for loan losses | 270,000 | 271,000 | 341,000 | 332,000 |
| Securities available for sale | 46,833,000 | 49,738,000 | 54,964,000 | 58,798,000 |
| Securities held to maturity | 1,750,000 | 1,670,000 | 1,279,000 | 1,159,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,777,000 | 77,778,000 | 90,299,000 | 102,312,000 |
| Interest-bearing deposits | 62,975,000 | 55,399,000 | 55,614,000 | 69,353,000 |
| Noninterest-bearing deposits | 20,802,000 | 22,379,000 | 34,685,000 | 32,959,000 |
| Equity capital | 9,490,000 | 10,043,000 | 10,685,000 | 10,139,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 827,000 | 1,695,000 | 2,569,000 | 3,437,000 |
| Interest expense | 52,000 | 97,000 | 141,000 | 187,000 |
| Net interest income | 775,000 | 1,598,000 | 2,428,000 | 3,250,000 |
| Noninterest income | 93,000 | 183,000 | 249,000 | 389,000 |
| Noninterest expense | 635,000 | 1,250,000 | 1,859,000 | 2,527,000 |
| Provision for loan losses | 10,000 | 10,000 | 0 | 0 |
| Pretax income | 223,000 | 521,000 | 818,000 | 1,122,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 223,000 | 521,000 | 818,000 | 1,122,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,746,000 | 7,968,000 | 8,190,000 | 8,097,000 |
| Total capital | 8,016,000 | 8,239,000 | 8,531,000 | 8,429,000 |
| Risk-weighted assets | 35,367,000 | 36,391,000 | 36,708,000 | 37,108,000 |