Call reports 2011
FIRST NATIONAL BANK, CORTEZ — 2011
What FIRST NATIONAL BANK, CORTEZ 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 | 81,911,000 | 89,213,000 | 91,406,000 | 90,749,000 |
| Total loans | 26,222,000 | 26,549,000 | 25,894,000 | 25,406,000 |
| Allowance for loan losses | 466,000 | 429,000 | 430,000 | 428,000 |
| Securities available for sale | 45,696,000 | 49,342,000 | 48,232,000 | 53,509,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 71,015,000 | 80,918,000 | 81,694,000 | 77,307,000 |
| Interest-bearing deposits | 56,124,000 | 64,034,000 | 66,231,000 | 62,178,000 |
| Noninterest-bearing deposits | 14,891,000 | 16,884,000 | 15,463,000 | 15,129,000 |
| Equity capital | 7,380,000 | 7,906,000 | 8,823,000 | 8,956,000 |
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 | 772,000 | 1,547,000 | 2,373,000 | 3,225,000 |
| Interest expense | 130,000 | 255,000 | 384,000 | 503,000 |
| Net interest income | 642,000 | 1,292,000 | 1,989,000 | 2,722,000 |
| Noninterest income | 114,000 | 242,000 | 366,000 | 457,000 |
| Noninterest expense | 621,000 | 1,386,000 | 2,045,000 | 2,674,000 |
| Provision for loan losses | 30,000 | 149,000 | 149,000 | 149,000 |
| Pretax income | 105,000 | -13,000 | 159,000 | 432,000 |
| Income tax | 28,000 | -26,000 | 24,000 | 116,000 |
| Net income | 77,000 | 13,000 | 135,000 | 316,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,649,000 | 7,585,000 | 7,708,000 | 7,888,000 |
| Total capital | 8,134,000 | 8,026,000 | 8,156,000 | 8,334,000 |
| Risk-weighted assets | 40,449,000 | 41,394,000 | 39,961,000 | 41,684,000 |