Call reports 2009
FIRST NATIONAL BANK, CORTEZ — 2009
What FIRST NATIONAL BANK, CORTEZ reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 75,541,000 | 72,006,000 | 74,745,000 | 76,311,000 |
| Total loans | 29,709,000 | 29,040,000 | 29,437,000 | 29,708,000 |
| Allowance for loan losses | 380,000 | 383,000 | 420,000 | 427,000 |
| Securities available for sale | 41,721,000 | 39,154,000 | 40,378,000 | 41,072,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,707,000 | 61,101,000 | 65,893,000 | 63,509,000 |
| Interest-bearing deposits | 43,924,000 | 48,188,000 | 51,990,000 | 50,726,000 |
| Noninterest-bearing deposits | 12,783,000 | 12,913,000 | 13,903,000 | 12,783,000 |
| Equity capital | 7,106,000 | 7,164,000 | 7,511,000 | 7,407,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 957,000 | 1,905,000 | 2,847,000 | 3,764,000 |
| Interest expense | 174,000 | 347,000 | 517,000 | 682,000 |
| Net interest income | 783,000 | 1,558,000 | 2,330,000 | 3,082,000 |
| Noninterest income | 119,000 | 238,000 | 361,000 | 485,000 |
| Noninterest expense | 614,000 | 1,264,000 | 1,917,000 | 2,579,000 |
| Provision for loan losses | 18,000 | 26,000 | 73,000 | 90,000 |
| Pretax income | 270,000 | 518,000 | 727,000 | 989,000 |
| Income tax | 71,000 | 134,000 | 181,000 | 252,000 |
| Net income | 199,000 | 384,000 | 546,000 | 737,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,535,000 | 6,720,000 | 6,882,000 | 7,030,000 |
| Total capital | 6,915,000 | 7,103,000 | 7,318,000 | 7,469,000 |
| Risk-weighted assets | 33,584,000 | 33,564,000 | 34,849,000 | 35,073,000 |