Call reports 2009
METHOD BANK — 2009
What METHOD BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 12,997,000 | 12,976,000 | 12,977,000 | 12,684,000 |
| Total loans | 8,885,000 | 8,781,000 | 8,821,000 | 8,333,000 |
| Allowance for loan losses | 118,000 | 133,000 | 128,000 | 104,000 |
| Securities available for sale | 1,886,000 | 2,171,000 | 2,176,000 | 2,014,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 11,998,000 | 11,770,000 | 11,600,000 | 11,630,000 |
| Interest-bearing deposits | 9,031,000 | 8,593,000 | 8,425,000 | 8,144,000 |
| Noninterest-bearing deposits | 2,967,000 | 3,177,000 | 3,175,000 | 3,486,000 |
| Equity capital | 964,000 | 974,000 | 1,033,000 | 905,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 208,000 | 426,000 | 644,000 | 858,000 |
| Interest expense | 44,000 | 83,000 | 119,000 | 158,000 |
| Net interest income | 164,000 | 343,000 | 525,000 | 700,000 |
| Noninterest income | 27,000 | 56,000 | 100,000 | 133,000 |
| Noninterest expense | 144,000 | 294,000 | 452,000 | 629,000 |
| Provision for loan losses | 17,000 | 35,000 | 58,000 | 76,000 |
| Pretax income | 40,000 | 80,000 | 125,000 | 138,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 40,000 | 80,000 | 125,000 | 138,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 936,000 | 976,000 | 1,021,000 | 903,000 |
| Total capital | 1,054,000 | 1,095,000 | 1,141,000 | 1,007,000 |
| Risk-weighted assets | 9,744,000 | 9,497,000 | 9,553,000 | 9,441,000 |