Call reports 2006
METHOD BANK — 2006
What METHOD BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 13,259,000 | 12,668,000 | 12,494,000 | 11,982,000 |
| Total loans | 7,853,000 | 8,232,000 | 8,213,000 | 8,014,000 |
| Allowance for loan losses | 147,000 | 153,000 | 160,000 | 170,000 |
| Securities available for sale | 1,674,000 | 1,650,000 | 1,680,000 | 1,687,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,853,000 | 11,239,000 | 11,541,000 | 11,010,000 |
| Interest-bearing deposits | 8,053,000 | 7,471,000 | 7,748,000 | 7,355,000 |
| Noninterest-bearing deposits | 3,799,000 | 3,768,000 | 3,793,000 | 3,655,000 |
| Equity capital | 1,385,000 | 1,411,000 | 922,000 | 827,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 214,000 | 434,000 | 649,000 | 859,000 |
| Interest expense | 45,000 | 84,000 | 127,000 | 173,000 |
| Net interest income | 169,000 | 350,000 | 522,000 | 686,000 |
| Noninterest income | 38,000 | 82,000 | 120,000 | 180,000 |
| Noninterest expense | 149,000 | 297,000 | 456,000 | 618,000 |
| Provision for loan losses | 10,000 | 30,000 | 40,000 | 50,000 |
| Pretax income | 48,000 | 105,000 | 146,000 | 198,000 |
| Income tax | 8,000 | 23,000 | 28,000 | 63,000 |
| Net income | 40,000 | 82,000 | 118,000 | 135,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,449,000 | 1,492,000 | 977,000 | 875,000 |
| Total capital | 1,564,000 | 1,610,000 | 1,095,000 | 990,000 |
| Risk-weighted assets | 9,261,000 | 9,424,000 | 9,422,000 | 9,121,000 |