Call reports 2010
FIRST NATIONAL BANK, CORTEZ — 2010
What FIRST NATIONAL BANK, CORTEZ reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 74,946,000 | 77,695,000 | 85,046,000 | 81,889,000 |
| Total loans | 28,847,000 | 29,923,000 | 29,546,000 | 26,649,000 |
| Allowance for loan losses | 446,000 | 465,000 | 462,000 | 458,000 |
| Securities available for sale | 39,202,000 | 35,639,000 | 47,854,000 | 42,986,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 64,905,000 | 69,516,000 | 71,842,000 | 74,023,000 |
| Interest-bearing deposits | 51,111,000 | 55,909,000 | 57,863,000 | 59,802,000 |
| Noninterest-bearing deposits | 13,794,000 | 13,607,000 | 13,979,000 | 14,221,000 |
| Equity capital | 7,748,000 | 7,841,000 | 8,202,000 | 7,348,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 906,000 | 1,773,000 | 2,681,000 | 3,556,000 |
| Interest expense | 149,000 | 293,000 | 439,000 | 582,000 |
| Net interest income | 757,000 | 1,480,000 | 2,242,000 | 2,974,000 |
| Noninterest income | 111,000 | 232,000 | 341,000 | 462,000 |
| Noninterest expense | 660,000 | 1,326,000 | 2,007,000 | 2,675,000 |
| Provision for loan losses | 19,000 | 27,000 | 27,000 | 27,000 |
| Pretax income | 205,000 | 474,000 | 743,000 | 952,000 |
| Income tax | 55,000 | 144,000 | 241,000 | 310,000 |
| Net income | 150,000 | 330,000 | 502,000 | 642,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,180,000 | 7,360,000 | 7,532,000 | 7,672,000 |
| Total capital | 7,605,000 | 7,787,000 | 7,994,000 | 8,151,000 |
| Risk-weighted assets | 33,630,000 | 34,128,000 | 39,172,000 | 39,918,000 |