Call reports 2011
PACESETTER BANK — 2011
What PACESETTER BANK 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 | 112,891,000 | 112,625,000 | 112,444,000 | 114,713,000 |
| Total loans | 74,598,000 | 75,206,000 | 75,901,000 | 76,466,000 |
| Allowance for loan losses | 976,000 | 955,000 | 915,000 | 1,062,000 |
| Securities available for sale | 15,340,000 | 17,427,000 | 15,416,000 | 13,882,000 |
| Securities held to maturity | 4,634,000 | 4,818,000 | 4,784,000 | 5,438,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 98,714,000 | 98,326,000 | 98,053,000 | 100,417,000 |
| Interest-bearing deposits | 85,103,000 | 83,424,000 | 83,429,000 | 82,589,000 |
| Noninterest-bearing deposits | 13,611,000 | 14,902,000 | 14,624,000 | 17,828,000 |
| Equity capital | 13,473,000 | 13,585,000 | 13,693,000 | 13,681,000 |
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 | 1,194,000 | 2,416,000 | 3,626,000 | 4,826,000 |
| Interest expense | 191,000 | 369,000 | 537,000 | 689,000 |
| Net interest income | 1,003,000 | 2,047,000 | 3,089,000 | 4,137,000 |
| Noninterest income | 274,000 | 568,000 | 869,000 | 1,165,000 |
| Noninterest expense | 1,054,000 | 2,099,000 | 3,141,000 | 4,198,000 |
| Provision for loan losses | 60,000 | 120,000 | 190,000 | 380,000 |
| Pretax income | 163,000 | 396,000 | 627,000 | 724,000 |
| Income tax | 44,000 | 126,000 | 197,000 | 217,000 |
| Net income | 119,000 | 270,000 | 430,000 | 507,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,443,000 | 13,511,000 | 13,588,000 | 13,583,000 |
| Total capital | 14,395,000 | 14,472,000 | 14,545,000 | 14,532,000 |
| Risk-weighted assets | 73,488,000 | 74,040,000 | 74,049,000 | 72,240,000 |