Call reports 2006
MITCHELL BANK — 2006
What MITCHELL 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 | 82,829,000 | 83,838,000 | 83,901,000 | 80,879,000 |
| Total loans | 72,911,000 | 71,155,000 | 69,833,000 | 70,308,000 |
| Allowance for loan losses | 628,000 | 682,000 | 717,000 | 777,000 |
| Securities available for sale | 3,598,000 | 3,369,000 | 3,197,000 | 2,987,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 66,108,000 | 69,503,000 | 69,340,000 | 66,267,000 |
| Interest-bearing deposits | 52,840,000 | 53,699,000 | 56,589,000 | 53,118,000 |
| Noninterest-bearing deposits | 13,268,000 | 15,804,000 | 12,751,000 | 13,149,000 |
| Equity capital | 9,018,000 | 9,193,000 | 9,105,000 | 9,257,000 |
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 | 1,327,000 | 2,722,000 | 4,137,000 | 5,567,000 |
| Interest expense | 386,000 | 814,000 | 1,246,000 | 1,733,000 |
| Net interest income | 941,000 | 1,908,000 | 2,891,000 | 3,834,000 |
| Noninterest income | 114,000 | 288,000 | 392,000 | 490,000 |
| Noninterest expense | 700,000 | 1,464,000 | 2,188,000 | 2,938,000 |
| Provision for loan losses | 48,000 | 108,000 | 168,000 | 228,000 |
| Pretax income | 307,000 | 624,000 | 927,000 | 1,158,000 |
| Income tax | 121,000 | 246,000 | 365,000 | 456,000 |
| Net income | 186,000 | 378,000 | 562,000 | 702,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,072,000 | 9,264,000 | 9,148,000 | 9,288,000 |
| Total capital | 9,700,000 | 9,946,000 | 9,865,000 | 10,061,000 |
| Risk-weighted assets | 65,251,000 | 62,676,000 | 61,983,000 | 61,868,000 |