Call reports 2006
SPECTRA BANK — 2006
What SPECTRA 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 | 44,686,000 | 45,345,000 | 43,715,000 | 40,434,000 |
| Total loans | 21,930,000 | 20,984,000 | 22,262,000 | 24,672,000 |
| Allowance for loan losses | 221,000 | 222,000 | 221,000 | 236,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 2,982,000 | 2,954,000 | 2,937,000 | 2,934,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 39,166,000 | 39,925,000 | 38,262,000 | 35,118,000 |
| Interest-bearing deposits | 17,969,000 | 19,318,000 | 19,588,000 | 18,324,000 |
| Noninterest-bearing deposits | 21,197,000 | 20,607,000 | 18,674,000 | 16,794,000 |
| Equity capital | 5,288,000 | 5,234,000 | 5,234,000 | 5,234,000 |
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 | 600,000 | 1,252,000 | 1,971,000 | 2,692,000 |
| Interest expense | 90,000 | 202,000 | 337,000 | 475,000 |
| Net interest income | 510,000 | 1,050,000 | 1,634,000 | 2,217,000 |
| Noninterest income | 300,000 | 648,000 | 972,000 | 1,245,000 |
| Noninterest expense | 556,000 | 1,139,000 | 1,710,000 | 2,350,000 |
| Provision for loan losses | 20,000 | 20,000 | 20,000 | 39,000 |
| Pretax income | 234,000 | 539,000 | 876,000 | 1,073,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 234,000 | 539,000 | 876,000 | 1,073,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,288,000 | 5,234,000 | 5,234,000 | 5,234,000 |
| Total capital | 5,509,000 | 5,456,000 | 5,455,000 | 5,470,000 |
| Risk-weighted assets | 25,401,000 | 24,845,000 | 25,557,000 | 26,014,000 |