Call reports 2006
ALTERRA BANK — 2006
What ALTERRA BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 77,138,000 | 77,592,000 | 82,957,000 | 92,527,000 |
| Total loans | 64,871,000 | 65,314,000 | 69,004,000 | 77,402,000 |
| Allowance for loan losses | 597,000 | 635,000 | 475,000 | 494,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 5,321,000 | 5,317,000 | 5,292,000 | 5,289,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,781,000 | 61,931,000 | 65,357,000 | 76,210,000 |
| Interest-bearing deposits | 54,389,000 | 55,790,000 | 58,536,000 | 65,735,000 |
| Noninterest-bearing deposits | 5,392,000 | 6,141,000 | 6,821,000 | 10,475,000 |
| Equity capital | 9,298,000 | 9,499,000 | 9,730,000 | 9,985,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,302,000 | 2,699,000 | 4,271,000 | 6,057,000 |
| Interest expense | 576,000 | 1,225,000 | 1,938,000 | 2,759,000 |
| Net interest income | 726,000 | 1,474,000 | 2,333,000 | 3,298,000 |
| Noninterest income | 67,000 | 125,000 | 222,000 | 342,000 |
| Noninterest expense | 454,000 | 921,000 | 1,501,000 | 2,177,000 |
| Provision for loan losses | 37,000 | 75,000 | 115,000 | 160,000 |
| Pretax income | 302,000 | 603,000 | 939,000 | 1,303,000 |
| Income tax | 75,000 | 150,000 | 230,000 | 312,000 |
| Net income | 227,000 | 453,000 | 709,000 | 989,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,460,000 | 7,666,000 | 7,899,000 | 8,157,000 |
| Total capital | 8,057,000 | 8,301,000 | 8,374,000 | 8,651,000 |
| Risk-weighted assets | 62,831,000 | 63,221,000 | 66,708,000 | 73,749,000 |