Call reports 2011
METHOD BANK — 2011
What METHOD 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 | 14,562,000 | 13,881,000 | 13,695,000 | 13,619,000 |
| Total loans | 8,080,000 | 7,743,000 | 7,533,000 | 7,236,000 |
| Allowance for loan losses | 117,000 | 111,000 | 122,000 | 121,000 |
| Securities available for sale | 3,050,000 | 3,269,000 | 3,139,000 | 3,889,000 |
| Securities held to maturity | 425,000 | 424,000 | 423,000 | 422,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 13,355,000 | 12,741,000 | 12,449,000 | 11,887,000 |
| Interest-bearing deposits | 9,111,000 | 8,644,000 | 8,466,000 | 7,952,000 |
| Noninterest-bearing deposits | 4,243,000 | 4,097,000 | 3,983,000 | 3,935,000 |
| Equity capital | 1,023,000 | 1,128,000 | 1,232,000 | 1,127,000 |
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 | 217,000 | 422,000 | 622,000 | 834,000 |
| Interest expense | 29,000 | 55,000 | 77,000 | 100,000 |
| Net interest income | 188,000 | 367,000 | 545,000 | 734,000 |
| Noninterest income | 22,000 | 47,000 | 107,000 | 131,000 |
| Noninterest expense | 149,000 | 300,000 | 459,000 | 640,000 |
| Provision for loan losses | 14,000 | 25,000 | 70,000 | 76,000 |
| Pretax income | 47,000 | 89,000 | 123,000 | 149,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 47,000 | 89,000 | 123,000 | 149,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 975,000 | 1,017,000 | 1,051,000 | 958,000 |
| Total capital | 1,092,000 | 1,128,000 | 1,168,000 | 1,076,000 |
| Risk-weighted assets | 9,915,000 | 9,616,000 | 9,386,000 | 9,461,000 |