Call reports 2011
VERIMORE BANK — 2011
What VERIMORE 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 | 109,066,000 | 108,555,000 | 116,378,000 | 114,469,000 |
| Total loans | 84,291,000 | 84,060,000 | 91,362,000 | 87,602,000 |
| Allowance for loan losses | 1,131,000 | 1,226,000 | 1,260,000 | 1,314,000 |
| Securities available for sale | 12,989,000 | 12,778,000 | 11,820,000 | 15,155,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 96,063,000 | 95,367,000 | 102,569,000 | 100,796,000 |
| Interest-bearing deposits | 89,843,000 | 88,484,000 | 94,625,000 | 91,800,000 |
| Noninterest-bearing deposits | 6,220,000 | 6,883,000 | 7,944,000 | 8,996,000 |
| Equity capital | 11,682,000 | 12,019,000 | 12,152,000 | 12,309,000 |
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 | 1,442,000 | 2,874,000 | 4,368,000 | 5,834,000 |
| Interest expense | 358,000 | 708,000 | 1,056,000 | 1,391,000 |
| Net interest income | 1,084,000 | 2,166,000 | 3,312,000 | 4,443,000 |
| Noninterest income | 116,000 | 219,000 | 315,000 | 415,000 |
| Noninterest expense | 819,000 | 1,617,000 | 2,410,000 | 3,183,000 |
| Provision for loan losses | 118,000 | 211,000 | 324,000 | 393,000 |
| Pretax income | 245,000 | 515,000 | 857,000 | 1,217,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 245,000 | 515,000 | 857,000 | 1,217,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,733,000 | 12,004,000 | 12,116,000 | 12,276,000 |
| Total capital | 12,706,000 | 12,978,000 | 13,154,000 | 13,268,000 |
| Risk-weighted assets | 77,689,000 | 77,719,000 | 82,916,000 | 79,089,000 |