Call reports 2011
WESTERN RESERVE BANK — 2011
What WESTERN RESERVE 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 | 186,586,000 | 190,695,000 | 195,174,000 | 192,164,000 |
| Total loans | 156,207,000 | 156,465,000 | 154,220,000 | 144,133,000 |
| Allowance for loan losses | 4,507,000 | 3,961,000 | 3,143,000 | 3,010,000 |
| Securities available for sale | 12,334,000 | 11,809,000 | 15,553,000 | 15,813,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 166,248,000 | 171,058,000 | 175,007,000 | 171,811,000 |
| Interest-bearing deposits | 145,251,000 | 148,254,000 | 151,944,000 | 146,605,000 |
| Noninterest-bearing deposits | 20,996,000 | 22,804,000 | 23,063,000 | 25,206,000 |
| Equity capital | 17,294,000 | 17,644,000 | 18,064,000 | 18,162,000 |
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 | 2,184,000 | 4,325,000 | 6,463,000 | 8,504,000 |
| Interest expense | 430,000 | 855,000 | 1,277,000 | 1,669,000 |
| Net interest income | 1,754,000 | 3,470,000 | 5,186,000 | 6,835,000 |
| Noninterest income | 123,000 | 227,000 | 342,000 | 525,000 |
| Noninterest expense | 1,348,000 | 2,662,000 | 3,993,000 | 5,498,000 |
| Provision for loan losses | 8,000 | 140,000 | 162,000 | 312,000 |
| Pretax income | 521,000 | 899,000 | 1,377,000 | 1,554,000 |
| Income tax | 155,000 | 263,000 | 404,000 | 441,000 |
| Net income | 366,000 | 636,000 | 973,000 | 1,113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,407,000 | 17,106,000 | 17,688,000 | 17,764,000 |
| Total capital | 18,385,000 | 19,089,000 | 19,656,000 | 19,597,000 |
| Risk-weighted assets | 155,649,000 | 156,907,000 | 156,307,000 | 145,448,000 |