Call reports 2011
UNION STATE BANK OF FARGO — 2011
What UNION STATE BANK OF FARGO reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 68,249,000 | 66,432,000 | 67,102,000 | 69,906,000 |
| Total loans | 52,856,000 | 56,798,000 | 57,427,000 | 58,234,000 |
| Allowance for loan losses | 798,000 | 837,000 | 848,000 | 866,000 |
| Securities available for sale | 2,983,000 | 3,206,000 | 2,848,000 | 2,649,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,327,000 | 53,465,000 | 54,305,000 | 57,183,000 |
| Interest-bearing deposits | 44,794,000 | 42,579,000 | 42,710,000 | 42,905,000 |
| Noninterest-bearing deposits | 10,533,000 | 10,886,000 | 11,595,000 | 14,278,000 |
| Equity capital | 5,737,000 | 5,865,000 | 6,080,000 | 6,005,000 |
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 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 850,000 | 1,733,000 | 2,667,000 | 3,570,000 |
| Interest expense | 200,000 | 379,000 | 554,000 | 717,000 |
| Net interest income | 650,000 | 1,354,000 | 2,113,000 | 2,853,000 |
| Noninterest income | 160,000 | 337,000 | 549,000 | 780,000 |
| Noninterest expense | 613,000 | 1,289,000 | 1,911,000 | 2,628,000 |
| Provision for loan losses | 0 | 40,000 | 55,000 | 100,000 |
| Pretax income | 197,000 | 362,000 | 696,000 | 905,000 |
| Income tax | 77,000 | 143,000 | 271,000 | 340,000 |
| Net income | 120,000 | 219,000 | 425,000 | 565,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,751,000 | 5,845,000 | 6,050,000 | 5,985,000 |
| Total capital | 6,351,000 | 6,480,000 | 6,701,000 | 6,640,000 |
| Risk-weighted assets | 47,807,000 | 50,579,000 | 51,875,000 | 52,204,000 |