Call reports 2011
CREDICARD NATIONAL BANK — 2011
What CREDICARD NATIONAL BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Total assets | 113,000 | 91,000 | 68,000 |
| Total loans | 2,000 | 0 | 0 |
| Allowance for loan losses | 0 | 0 | 0 |
| Securities available for sale | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 12,000 | 0 | 0 |
| Interest-bearing deposits | 0 | 0 | 0 |
| Noninterest-bearing deposits | 12,000 | 0 | 0 |
| Equity capital | 96,000 | 91,000 | 68,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Interest income | 66,000 | 66,000 | 66,000 |
| Interest expense | 14,000 | 14,000 | 14,000 |
| Net interest income | 52,000 | 52,000 | 52,000 |
| Noninterest income | -21,000 | 59,000 | 87,000 |
| Noninterest expense | 145,000 | 231,000 | 281,000 |
| Provision for loan losses | 0 | 0 | 0 |
| Pretax income | -114,000 | -120,000 | -142,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -114,000 | -120,000 | -142,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Tier 1 capital | 96,000 | 91,000 | 68,000 |
| Total capital | 96,000 | 91,000 | 68,000 |
| Risk-weighted assets | 75,000 | 58,000 | 48,000 |