Call reports 2010
MITCHELL BANK — 2010
What MITCHELL 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 | 72,518,000 | 71,739,000 | 70,748,000 | 65,386,000 |
| Total loans | 54,121,000 | 52,938,000 | 53,423,000 | 50,793,000 |
| Allowance for loan losses | 1,150,000 | 1,290,000 | 1,498,000 | 1,699,000 |
| Securities available for sale | 870,000 | 775,000 | 690,000 | 620,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,861,000 | 59,091,000 | 58,222,000 | 49,903,000 |
| Interest-bearing deposits | 48,896,000 | 47,852,000 | 46,516,000 | 40,136,000 |
| Noninterest-bearing deposits | 10,965,000 | 11,239,000 | 11,706,000 | 9,767,000 |
| Equity capital | 9,071,000 | 9,057,000 | 9,036,000 | 8,328,000 |
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 | 921,000 | 1,779,000 | 2,677,000 | 3,452,000 |
| Interest expense | 173,000 | 324,000 | 456,000 | 556,000 |
| Net interest income | 748,000 | 1,455,000 | 2,221,000 | 2,896,000 |
| Noninterest income | 81,000 | 176,000 | 405,000 | 835,000 |
| Noninterest expense | 680,000 | 1,359,000 | 2,005,000 | 3,135,000 |
| Provision for loan losses | 150,000 | 290,000 | 550,000 | 1,260,000 |
| Pretax income | -1,000 | -18,000 | 71,000 | -664,000 |
| Income tax | 0 | -6,000 | 24,000 | 0 |
| Net income | -1,000 | -12,000 | 47,000 | -664,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,046,000 | 9,034,000 | 9,012,000 | 8,302,000 |
| Total capital | 9,717,000 | 9,689,000 | 9,675,000 | 8,939,000 |
| Risk-weighted assets | 53,202,000 | 51,779,000 | 52,242,000 | 49,887,000 |