Call reports 2010
METHOD BANK — 2010
What METHOD 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 | 13,793,000 | 13,815,000 | 14,386,000 | 14,506,000 |
| Total loans | 8,633,000 | 8,583,000 | 8,452,000 | 8,216,000 |
| Allowance for loan losses | 114,000 | 122,000 | 128,000 | 102,000 |
| Securities available for sale | 2,092,000 | 2,104,000 | 2,573,000 | 2,955,000 |
| Securities held to maturity | 0 | 428,000 | 427,000 | 426,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 12,822,000 | 12,765,000 | 13,213,000 | 13,301,000 |
| Interest-bearing deposits | 9,095,000 | 8,865,000 | 8,866,000 | 8,834,000 |
| Noninterest-bearing deposits | 3,727,000 | 3,899,000 | 4,347,000 | 4,467,000 |
| Equity capital | 949,000 | 1,030,000 | 1,142,000 | 944,000 |
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 | 209,000 | 427,000 | 650,000 | 862,000 |
| Interest expense | 45,000 | 85,000 | 120,000 | 153,000 |
| Net interest income | 164,000 | 342,000 | 530,000 | 709,000 |
| Noninterest income | 28,000 | 62,000 | 112,000 | 141,000 |
| Noninterest expense | 143,000 | 302,000 | 481,000 | 646,000 |
| Provision for loan losses | 15,000 | 23,000 | 34,000 | 39,000 |
| Pretax income | 34,000 | 79,000 | 127,000 | 165,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 34,000 | 79,000 | 127,000 | 165,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 937,000 | 982,000 | 1,030,000 | 928,000 |
| Total capital | 1,051,000 | 1,105,000 | 1,154,000 | 1,030,000 |
| Risk-weighted assets | 9,793,000 | 9,800,000 | 9,897,000 | 9,973,000 |