Call reports 2010
FRANKLIN GROVE BANK — 2010
What FRANKLIN GROVE BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 28,851,000 | 28,339,000 | 28,849,000 | 31,032,000 |
| Total loans | 15,399,000 | 16,934,000 | 17,455,000 | 17,499,000 |
| Allowance for loan losses | 127,000 | 128,000 | 133,000 | 140,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 10,000,000 | 9,000,000 | 9,125,000 | 9,250,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,785,000 | 23,189,000 | 23,649,000 | 25,727,000 |
| Interest-bearing deposits | 20,582,000 | 20,071,000 | 20,315,000 | 21,330,000 |
| Noninterest-bearing deposits | 3,202,000 | 3,118,000 | 3,334,000 | 4,397,000 |
| Equity capital | 4,954,000 | 5,038,000 | 5,040,000 | 5,114,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 364,000 | 738,000 | 1,135,000 | 1,506,000 |
| Interest expense | 102,000 | 203,000 | 297,000 | 385,000 |
| Net interest income | 262,000 | 535,000 | 838,000 | 1,121,000 |
| Noninterest income | 13,000 | 26,000 | 44,000 | 52,000 |
| Noninterest expense | 163,000 | 314,000 | 464,000 | 637,000 |
| Provision for loan losses | 2,000 | 3,000 | 8,000 | 15,000 |
| Pretax income | 110,000 | 244,000 | 410,000 | 521,000 |
| Income tax | 25,000 | 75,000 | 135,000 | 172,000 |
| Net income | 85,000 | 169,000 | 275,000 | 349,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,954,000 | 5,038,000 | 5,040,000 | 5,114,000 |
| Total capital | 5,081,000 | 5,166,000 | 5,173,000 | 5,254,000 |
| Risk-weighted assets | 16,289,000 | 17,432,000 | 18,019,000 | 18,459,000 |