Call reports 2011
GLASGOW SAVINGS BANK — 2011
What GLASGOW SAVINGS 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 | 34,950,000 | 28,694,000 | 25,561,000 | 23,697,000 |
| Total loans | 19,132,000 | 18,849,000 | 18,714,000 | 17,993,000 |
| Allowance for loan losses | 846,000 | 782,000 | 914,000 | 953,000 |
| Securities available for sale | 5,270,000 | 4,803,000 | 2,156,000 | 2,077,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,059,000 | 26,727,000 | 24,025,000 | 22,158,000 |
| Interest-bearing deposits | 27,177,000 | 21,958,000 | 19,441,000 | 17,517,000 |
| Noninterest-bearing deposits | 5,882,000 | 4,769,000 | 4,584,000 | 4,641,000 |
| Equity capital | 1,822,000 | 1,872,000 | 1,437,000 | 1,455,000 |
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 | 328,000 | 659,000 | 970,000 | 1,275,000 |
| Interest expense | 78,000 | 134,000 | 170,000 | 200,000 |
| Net interest income | 250,000 | 525,000 | 800,000 | 1,075,000 |
| Noninterest income | 16,000 | 36,000 | -19,000 | -22,000 |
| Noninterest expense | 334,000 | 623,000 | 852,000 | 1,154,000 |
| Provision for loan losses | 0 | 0 | 334,000 | 371,000 |
| Pretax income | -68,000 | -62,000 | -405,000 | -472,000 |
| Income tax | 0 | 1,000 | 90,000 | 0 |
| Net income | -68,000 | -63,000 | -495,000 | -472,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,835,000 | 1,839,000 | 1,408,000 | 1,431,000 |
| Total capital | 2,110,000 | 2,086,000 | 1,640,000 | 1,643,000 |
| Risk-weighted assets | 21,454,000 | 19,308,000 | 19,541,000 | 18,631,000 |