Call reports 2006
HOWARD BANK — 2006
What HOWARD 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 | 105,742,000 | 121,594,000 | 132,260,000 | 147,729,000 |
| Total loans | 75,887,000 | 96,684,000 | 106,350,000 | 120,009,000 |
| Allowance for loan losses | 850,000 | 1,083,000 | 1,178,000 | 1,346,000 |
| Securities available for sale | 19,348,000 | 13,792,000 | 12,749,000 | 9,290,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 87,443,000 | 99,427,000 | 109,115,000 | 123,326,000 |
| Interest-bearing deposits | 73,480,000 | 85,979,000 | 92,777,000 | 102,423,000 |
| Noninterest-bearing deposits | 13,963,000 | 13,448,000 | 16,338,000 | 20,903,000 |
| Equity capital | 17,696,000 | 17,400,000 | 17,470,000 | 20,785,000 |
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 | 1,504,000 | 3,261,000 | 5,357,000 | 7,731,000 |
| Interest expense | 571,000 | 1,255,000 | 2,145,000 | 3,305,000 |
| Net interest income | 933,000 | 2,006,000 | 3,212,000 | 4,426,000 |
| Noninterest income | 40,000 | 91,000 | 139,000 | 194,000 |
| Noninterest expense | 1,154,000 | 2,304,000 | 3,459,000 | 4,716,000 |
| Provision for loan losses | 74,000 | 307,000 | 402,000 | 570,000 |
| Pretax income | -255,000 | -514,000 | -510,000 | -666,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -255,000 | -514,000 | -510,000 | -666,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,736,000 | 17,476,000 | 17,480,000 | 20,775,000 |
| Total capital | 18,586,000 | 18,559,000 | 18,658,000 | 22,121,000 |
| Risk-weighted assets | 82,793,000 | 100,310,000 | 109,818,000 | 124,298,000 |