Call reports 2012
PACESETTER BANK — 2012
What PACESETTER BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 115,790,000 | 113,798,000 | 128,764,000 | 137,777,000 |
| Total loans | 73,120,000 | 73,851,000 | 74,632,000 | 76,590,000 |
| Allowance for loan losses | 1,099,000 | 1,167,000 | 1,209,000 | 1,170,000 |
| Securities available for sale | 14,344,000 | 13,359,000 | 15,895,000 | 17,987,000 |
| Securities held to maturity | 5,862,000 | 7,817,000 | 8,545,000 | 9,205,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,417,000 | 99,280,000 | 114,103,000 | 123,134,000 |
| Interest-bearing deposits | 84,297,000 | 83,277,000 | 97,147,000 | 103,740,000 |
| Noninterest-bearing deposits | 17,120,000 | 16,003,000 | 16,956,000 | 19,394,000 |
| Equity capital | 13,676,000 | 13,743,000 | 13,816,000 | 13,914,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,169,000 | 2,325,000 | 3,499,000 | 4,682,000 |
| Interest expense | 128,000 | 243,000 | 351,000 | 440,000 |
| Net interest income | 1,041,000 | 2,082,000 | 3,148,000 | 4,242,000 |
| Noninterest income | 266,000 | 570,000 | 881,000 | 1,192,000 |
| Noninterest expense | 1,092,000 | 2,167,000 | 3,261,000 | 4,314,000 |
| Provision for loan losses | 90,000 | 180,000 | 240,000 | 300,000 |
| Pretax income | 125,000 | 305,000 | 528,000 | 820,000 |
| Income tax | 35,000 | 88,000 | 157,000 | 253,000 |
| Net income | 90,000 | 217,000 | 371,000 | 567,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,590,000 | 13,634,000 | 13,705,000 | 13,819,000 |
| Total capital | 14,511,000 | 14,584,000 | 14,684,000 | 14,860,000 |
| Risk-weighted assets | 69,100,000 | 71,406,000 | 73,035,000 | 77,618,000 |