Call reports 2010
UNION STATE BANK OF FARGO — 2010
What UNION STATE BANK OF FARGO 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 | 59,491,000 | 60,443,000 | 62,948,000 | 70,829,000 |
| Total loans | 53,133,000 | 54,197,000 | 55,008,000 | 53,651,000 |
| Allowance for loan losses | 768,000 | 763,000 | 716,000 | 792,000 |
| Securities available for sale | 0 | 0 | 0 | 993,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,279,000 | 48,619,000 | 50,705,000 | 55,649,000 |
| Interest-bearing deposits | 39,268,000 | 40,814,000 | 42,601,000 | 46,594,000 |
| Noninterest-bearing deposits | 9,011,000 | 7,805,000 | 8,104,000 | 9,055,000 |
| Equity capital | 4,480,000 | 4,635,000 | 4,782,000 | 5,625,000 |
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 | 832,000 | 1,737,000 | 2,572,000 | 3,471,000 |
| Interest expense | 223,000 | 439,000 | 657,000 | 882,000 |
| Net interest income | 609,000 | 1,298,000 | 1,915,000 | 2,589,000 |
| Noninterest income | 144,000 | 316,000 | 529,000 | 756,000 |
| Noninterest expense | 579,000 | 1,205,000 | 1,812,000 | 2,439,000 |
| Provision for loan losses | 585,000 | 585,000 | 585,000 | 680,000 |
| Pretax income | -411,000 | -176,000 | 47,000 | 226,000 |
| Income tax | -140,000 | -60,000 | 16,000 | 77,000 |
| Net income | -271,000 | -116,000 | 31,000 | 149,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,480,000 | 4,635,000 | 4,782,000 | 5,625,000 |
| Total capital | 5,070,000 | 5,239,000 | 5,384,000 | 6,213,000 |
| Risk-weighted assets | 47,175,000 | 48,178,000 | 48,046,000 | 46,897,000 |