Call reports 2006
PACESETTER BANK — 2006
What PACESETTER BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 98,972,000 | 99,893,000 | 102,136,000 | 105,758,000 |
| Total loans | 70,083,000 | 71,092,000 | 72,814,000 | 72,693,000 |
| Allowance for loan losses | 754,000 | 784,000 | 777,000 | 780,000 |
| Securities available for sale | 8,365,000 | 7,539,000 | 7,055,000 | 7,513,000 |
| Securities held to maturity | 3,747,000 | 3,399,000 | 3,215,000 | 2,212,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 84,373,000 | 85,414,000 | 87,425,000 | 90,911,000 |
| Interest-bearing deposits | 73,753,000 | 71,968,000 | 74,412,000 | 77,519,000 |
| Noninterest-bearing deposits | 10,620,000 | 13,446,000 | 13,013,000 | 13,392,000 |
| Equity capital | 11,755,000 | 11,877,000 | 12,071,000 | 12,291,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,409,000 | 2,911,000 | 4,456,000 | 6,097,000 |
| Interest expense | 385,000 | 854,000 | 1,352,000 | 1,950,000 |
| Net interest income | 1,024,000 | 2,057,000 | 3,104,000 | 4,147,000 |
| Noninterest income | 243,000 | 511,000 | 785,000 | 1,077,000 |
| Noninterest expense | 948,000 | 1,903,000 | 2,860,000 | 3,761,000 |
| Provision for loan losses | 45,000 | 90,000 | 135,000 | 180,000 |
| Pretax income | 503,000 | 804,000 | 1,123,000 | 1,512,000 |
| Income tax | 184,000 | 278,000 | 380,000 | 502,000 |
| Net income | 319,000 | 526,000 | 743,000 | 1,010,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,868,000 | 12,009,000 | 12,151,000 | 12,344,000 |
| Total capital | 12,622,000 | 12,793,000 | 12,928,000 | 13,124,000 |
| Risk-weighted assets | 64,242,000 | 65,267,000 | 66,925,000 | 66,019,000 |