Call reports 2006
MOUNTAIN 1ST BANK & TRUST COMPANY — 2006
What MOUNTAIN 1ST BANK & TRUST COMPANY 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 | 368,261,000 | 413,471,000 | 461,070,000 | 476,414,000 |
| Total loans | 283,433,000 | 319,142,000 | 341,985,000 | 379,198,000 |
| Allowance for loan losses | 4,303,000 | 4,877,000 | 5,304,000 | 5,765,000 |
| Securities available for sale | 69,328,000 | 66,614,000 | 74,600,000 | 81,210,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 323,709,000 | 368,532,000 | 412,910,000 | 424,482,000 |
| Interest-bearing deposits | 283,778,000 | 329,953,000 | 369,685,000 | 378,080,000 |
| Noninterest-bearing deposits | 39,931,000 | 38,579,000 | 43,225,000 | 46,402,000 |
| Equity capital | 40,559,000 | 41,364,000 | 42,311,000 | 42,995,000 |
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 | 5,633,000 | 12,524,000 | 20,640,000 | 29,288,000 |
| Interest expense | 2,326,000 | 5,338,000 | 9,221,000 | 13,429,000 |
| Net interest income | 3,307,000 | 7,186,000 | 11,419,000 | 15,859,000 |
| Noninterest income | 615,000 | 1,481,000 | 2,414,000 | 3,497,000 |
| Noninterest expense | 2,444,000 | 5,491,000 | 8,760,000 | 12,679,000 |
| Provision for loan losses | 651,000 | 1,281,000 | 1,741,000 | 2,396,000 |
| Pretax income | 827,000 | 1,902,000 | 3,339,000 | 4,289,000 |
| Income tax | 88,000 | 361,000 | 1,067,000 | 1,509,000 |
| Net income | 739,000 | 1,541,000 | 2,272,000 | 2,780,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 40,898,000 | 41,811,000 | 42,554,000 | 43,094,000 |
| Total capital | 44,607,000 | 45,970,000 | 47,083,000 | 47,997,000 |
| Risk-weighted assets | 296,150,000 | 332,035,000 | 361,517,000 | 391,421,000 |