Call reports 2011
KENT BANK — 2011
What KENT 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 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 88,057,000 | 87,469,000 | 87,255,000 | 87,978,000 |
| Total loans | 56,205,000 | 52,768,000 | 56,294,000 | 52,547,000 |
| Allowance for loan losses | 668,000 | 578,000 | 752,000 | 597,000 |
| Securities available for sale | 22,043,000 | 25,763,000 | 22,541,000 | 24,501,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,192,000 | 76,768,000 | 74,368,000 | 76,894,000 |
| Interest-bearing deposits | 71,664,000 | 71,344,000 | 69,639,000 | 72,112,000 |
| Noninterest-bearing deposits | 5,528,000 | 5,424,000 | 4,729,000 | 4,782,000 |
| Equity capital | 9,432,000 | 9,267,000 | 9,453,000 | 9,652,000 |
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 | 1,026,000 | 2,052,000 | 3,016,000 | 3,975,000 |
| Interest expense | 222,000 | 423,000 | 617,000 | 793,000 |
| Net interest income | 804,000 | 1,629,000 | 2,399,000 | 3,182,000 |
| Noninterest income | 87,000 | 114,000 | 173,000 | 235,000 |
| Noninterest expense | 502,000 | 1,106,000 | 1,625,000 | 2,153,000 |
| Provision for loan losses | 0 | 575,000 | 775,000 | 875,000 |
| Pretax income | 377,000 | 52,000 | 186,000 | 335,000 |
| Income tax | 5,000 | 7,000 | 7,000 | 2,000 |
| Net income | 372,000 | 45,000 | 179,000 | 333,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,585,000 | 8,258,000 | 8,392,000 | 8,546,000 |
| Total capital | 9,253,000 | 8,836,000 | 9,123,000 | 9,143,000 |
| Risk-weighted assets | 57,435,000 | 54,719,000 | 58,496,000 | 54,844,000 |