Call reports 2012
LOCUS BANK, INC. — 2012
What LOCUS BANK, INC. reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 56,334,000 | 55,629,000 | 54,878,000 | 54,525,000 |
| Total loans | 42,420,000 | 41,248,000 | 38,939,000 | 34,663,000 |
| Allowance for loan losses | 708,000 | 718,000 | 488,000 | 342,000 |
| Securities available for sale | 844,000 | 500,000 | 350,000 | 350,000 |
| Securities held to maturity | 0 | 750,000 | 502,000 | 502,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 44,998,000 | 43,559,000 | 42,660,000 | 41,822,000 |
| Interest-bearing deposits | 43,775,000 | 43,025,000 | 41,980,000 | 41,220,000 |
| Noninterest-bearing deposits | 1,222,000 | 534,000 | 681,000 | 603,000 |
| Equity capital | 9,690,000 | 9,886,000 | 10,870,000 | 11,214,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 735,000 | 1,431,000 | 2,129,000 | 2,781,000 |
| Interest expense | 208,000 | 408,000 | 606,000 | 795,000 |
| Net interest income | 527,000 | 1,023,000 | 1,523,000 | 1,986,000 |
| Noninterest income | 4,000 | 6,000 | 7,000 | 456,000 |
| Noninterest expense | 428,000 | 864,000 | 1,380,000 | 1,809,000 |
| Provision for loan losses | 1,000 | 11,000 | 4,000 | -53,000 |
| Pretax income | 102,000 | 154,000 | 146,000 | 686,000 |
| Income tax | 27,000 | 52,000 | 49,000 | 233,000 |
| Net income | 75,000 | 102,000 | 97,000 | 453,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,536,000 | 9,722,000 | 10,696,000 | 11,109,000 |
| Total capital | 10,055,000 | 10,231,000 | 11,184,000 | 11,451,000 |
| Risk-weighted assets | 41,346,000 | 40,539,000 | 39,382,000 | 37,617,000 |