Call reports 2013
FIRST NATIONAL BANK, CORTEZ — 2013
What FIRST NATIONAL BANK, CORTEZ reported to the FFIEC in 2013, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Total assets | 94,625,000 | 95,145,000 | 96,928,000 | 93,157,000 |
| Total loans | 30,066,000 | 32,360,000 | 32,703,000 | 32,002,000 |
| Allowance for loan losses | 465,000 | 498,000 | 506,000 | 556,000 |
| Securities available for sale | 53,110,000 | 52,073,000 | 51,292,000 | 51,539,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 77,222,000 | 78,631,000 | 88,071,000 | 83,122,000 |
| Interest-bearing deposits | 60,434,000 | 61,478,000 | 69,432,000 | 65,354,000 |
| Noninterest-bearing deposits | 16,788,000 | 17,153,000 | 18,639,000 | 17,768,000 |
| Equity capital | 9,239,000 | 8,230,000 | 8,226,000 | 7,993,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Interest income | 800,000 | 1,612,000 | 2,444,000 | 3,286,000 |
| Interest expense | 91,000 | 186,000 | 280,000 | 367,000 |
| Net interest income | 709,000 | 1,426,000 | 2,164,000 | 2,919,000 |
| Noninterest income | 107,000 | 226,000 | 339,000 | 517,000 |
| Noninterest expense | 701,000 | 1,394,000 | 2,085,000 | 2,819,000 |
| Provision for loan losses | -16,000 | 16,000 | 28,000 | 81,000 |
| Pretax income | 137,000 | 260,000 | 372,000 | 486,000 |
| Income tax | 42,000 | 79,000 | 113,000 | 146,000 |
| Net income | 95,000 | 181,000 | 259,000 | 340,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2013Q1 | 2013Q2 | 2013Q3 | 2013Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,331,000 | 8,417,000 | 8,495,000 | 8,476,000 |
| Total capital | 8,806,000 | 8,925,000 | 9,011,000 | 9,042,000 |
| Risk-weighted assets | 44,539,000 | 46,867,000 | 46,251,000 | 45,766,000 |