Call reports 2013
FIRST NATIONAL BANK OF STERLING CITY, THE — 2013
What FIRST NATIONAL BANK OF STERLING CITY, THE reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 158,237,000 | 128,501,000 | 129,177,000 | 142,439,000 |
| Total loans | 28,028,000 | 29,557,000 | 31,965,000 | 32,408,000 |
| Allowance for loan losses | 305,000 | 307,000 | 310,000 | 309,000 |
| Securities available for sale | 99,714,000 | 91,811,000 | 87,329,000 | 90,443,000 |
| Securities held to maturity | 933,000 | 833,000 | 639,000 | 572,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 144,777,000 | 117,296,000 | 118,027,000 | 132,878,000 |
| Interest-bearing deposits | 88,850,000 | 67,260,000 | 71,144,000 | 80,281,000 |
| Noninterest-bearing deposits | 55,927,000 | 50,036,000 | 46,883,000 | 52,596,000 |
| Equity capital | 13,388,000 | 11,104,000 | 11,001,000 | 9,495,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 899,000 | 1,825,000 | 2,766,000 | 3,748,000 |
| Interest expense | 42,000 | 77,000 | 111,000 | 145,000 |
| Net interest income | 857,000 | 1,748,000 | 2,655,000 | 3,603,000 |
| Noninterest income | 85,000 | 190,000 | 280,000 | 383,000 |
| Noninterest expense | 655,000 | 1,289,000 | 1,964,000 | 2,688,000 |
| Provision for loan losses | 38,000 | 38,000 | 48,000 | 58,000 |
| Pretax income | 311,000 | 692,000 | 1,077,000 | 1,394,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 311,000 | 692,000 | 1,077,000 | 1,394,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,157,000 | 12,482,000 | 12,810,000 | 12,399,000 |
| Total capital | 12,462,000 | 12,789,000 | 13,120,000 | 12,708,000 |
| Risk-weighted assets | 50,152,000 | 49,682,000 | 51,408,000 | 52,533,000 |