Call reports 2011
APPLIED BANK — 2011
What APPLIED 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 | 233,748,000 | 139,782,000 | 162,085,000 | 220,474,000 |
| Total loans | 63,197,000 | 66,633,000 | 69,099,000 | 68,015,000 |
| Allowance for loan losses | 817,000 | 839,000 | 906,000 | 917,000 |
| Securities available for sale | 34,789,000 | 35,365,000 | 3,799,000 | 34,725,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 180,192,000 | 85,020,000 | 106,244,000 | 163,847,000 |
| Interest-bearing deposits | 37,464,000 | 35,399,000 | 59,787,000 | 109,777,000 |
| Noninterest-bearing deposits | 142,728,000 | 49,621,000 | 46,457,000 | 54,070,000 |
| Equity capital | 52,983,000 | 54,331,000 | 55,387,000 | 56,324,000 |
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 | 1,373,000 | 2,974,000 | 4,611,000 | 6,269,000 |
| Interest expense | 15,000 | 28,000 | 96,000 | 194,000 |
| Net interest income | 1,358,000 | 2,946,000 | 4,515,000 | 6,075,000 |
| Noninterest income | 1,940,000 | 3,877,000 | 5,839,000 | 7,310,000 |
| Noninterest expense | 2,057,000 | 4,176,000 | 6,484,000 | 8,493,000 |
| Provision for loan losses | 55,000 | 84,000 | 156,000 | 173,000 |
| Pretax income | 1,186,000 | 2,563,000 | 3,833,000 | 4,838,000 |
| Income tax | 58,000 | 125,000 | 186,000 | 236,000 |
| Net income | 1,128,000 | 2,438,000 | 3,647,000 | 4,602,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,504,000 | 52,945,000 | 54,383,000 | 53,948,000 |
| Total capital | 52,321,000 | 53,784,000 | 55,229,000 | 54,855,000 |
| Risk-weighted assets | 69,710,000 | 72,186,000 | 67,627,000 | 72,530,000 |