Call reports 2011
LOCUS BANK, INC. — 2011
What LOCUS BANK, INC. 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 | 54,846,000 | 50,595,000 | 56,745,000 | 55,817,000 |
| Total loans | 29,076,000 | 35,362,000 | 38,278,000 | 42,910,000 |
| Allowance for loan losses | 482,000 | 435,000 | 504,000 | 707,000 |
| Securities available for sale | 1,670,000 | 842,000 | 842,000 | 842,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,939,000 | 40,373,000 | 46,135,000 | 44,364,000 |
| Interest-bearing deposits | 43,499,000 | 39,870,000 | 40,592,000 | 43,744,000 |
| Noninterest-bearing deposits | 440,000 | 503,000 | 5,543,000 | 620,000 |
| Equity capital | 9,021,000 | 9,164,000 | 9,228,000 | 9,613,000 |
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 | 516,000 | 1,107,000 | 1,797,000 | 2,535,000 |
| Interest expense | 168,000 | 361,000 | 615,000 | 827,000 |
| Net interest income | 348,000 | 746,000 | 1,182,000 | 1,708,000 |
| Noninterest income | 4,000 | 8,000 | 12,000 | 526,000 |
| Noninterest expense | 256,000 | 542,000 | 817,000 | 1,069,000 |
| Provision for loan losses | 24,000 | -22,000 | 47,000 | 250,000 |
| Pretax income | 52,000 | 177,000 | 273,000 | 858,000 |
| Income tax | 17,000 | 60,000 | 92,000 | 291,000 |
| Net income | 35,000 | 117,000 | 181,000 | 567,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,949,000 | 9,095,000 | 9,139,000 | 9,485,000 |
| Total capital | 9,431,000 | 9,531,000 | 9,613,000 | 10,005,000 |
| Risk-weighted assets | 39,771,000 | 36,078,000 | 38,178,000 | 41,640,000 |