Call reports 2006
SMARTBIZ BANK, N.A. — 2006
What SMARTBIZ BANK, N.A. reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|
| Total assets | 22,449,000 | 31,046,000 | 44,215,000 |
| Total loans | 7,278,000 | 21,162,000 | 34,705,000 |
| Allowance for loan losses | 150,000 | 320,000 | 525,000 |
| Securities available for sale | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 4,204,000 | 12,852,000 | 25,977,000 |
| Interest-bearing deposits | 2,500,000 | 10,914,000 | 23,683,000 |
| Noninterest-bearing deposits | 1,704,000 | 1,939,000 | 2,294,000 |
| Equity capital | 18,220,000 | 18,010,000 | 17,752,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|
| Interest income | 393,000 | 841,000 | 1,526,000 |
| Interest expense | 11,000 | 101,000 | 330,000 |
| Net interest income | 382,000 | 740,000 | 1,196,000 |
| Noninterest income | 1,000 | 23,000 | 53,000 |
| Noninterest expense | 1,013,000 | 1,433,000 | 2,472,000 |
| Provision for loan losses | 150,000 | 320,000 | 525,000 |
| Pretax income | -780,000 | -990,000 | -1,748,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -780,000 | -990,000 | -1,748,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|
| Tier 1 capital | 18,220,000 | 18,010,000 | 17,752,000 |
| Total capital | 18,351,000 | 18,312,000 | 18,223,000 |
| Risk-weighted assets | 10,478,000 | 24,149,000 | 37,608,000 |