Call reports 2010
FRANKLIN STATE BANK — 2010
What FRANKLIN STATE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 24,533,000 | 23,950,000 | 23,863,000 | 24,401,000 |
| Total loans | 16,096,000 | 16,707,000 | 16,953,000 | 16,325,000 |
| Allowance for loan losses | 143,000 | 142,000 | 142,000 | 152,000 |
| Securities available for sale | 2,241,000 | 1,400,000 | 1,268,000 | 1,531,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 20,913,000 | 20,369,000 | 20,368,000 | 20,907,000 |
| Interest-bearing deposits | 18,060,000 | 17,832,000 | 17,931,000 | 17,109,000 |
| Noninterest-bearing deposits | 2,853,000 | 2,537,000 | 2,437,000 | 3,798,000 |
| Equity capital | 2,812,000 | 2,864,000 | 2,931,000 | 2,944,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 285,000 | 573,000 | 864,000 | 1,139,000 |
| Interest expense | 82,000 | 158,000 | 233,000 | 301,000 |
| Net interest income | 203,000 | 415,000 | 631,000 | 838,000 |
| Noninterest income | 15,000 | 34,000 | 49,000 | 64,000 |
| Noninterest expense | 140,000 | 284,000 | 423,000 | 566,000 |
| Provision for loan losses | 3,000 | 6,000 | 9,000 | 26,000 |
| Pretax income | 75,000 | 158,000 | 247,000 | 309,000 |
| Income tax | -2,000 | 28,000 | 58,000 | 88,000 |
| Net income | 77,000 | 130,000 | 189,000 | 221,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,788,000 | 2,841,000 | 2,900,000 | 2,932,000 |
| Total capital | 2,931,000 | 2,983,000 | 3,042,000 | 3,084,000 |
| Risk-weighted assets | 16,875,000 | 17,279,000 | 16,533,000 | 16,041,000 |