Call reports 2005
LONE SUMMIT BANK — 2005
What LONE SUMMIT BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Total assets | 6,017,000 | 7,140,000 | 9,022,000 | 10,353,000 |
| Total loans | 3,485,000 | 3,760,000 | 5,496,000 | 6,803,000 |
| Allowance for loan losses | 37,000 | 37,000 | 58,000 | 83,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 2,009,000 | 3,245,000 | 5,250,000 | 6,628,000 |
| Interest-bearing deposits | 1,806,000 | 2,832,000 | 4,391,000 | 5,535,000 |
| Noninterest-bearing deposits | 203,000 | 413,000 | 859,000 | 1,093,000 |
| Equity capital | 4,004,000 | 3,887,000 | 3,756,000 | 3,696,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Interest income | 56,000 | 129,000 | 225,000 | 353,000 |
| Interest expense | 7,000 | 19,000 | 42,000 | 86,000 |
| Net interest income | 49,000 | 110,000 | 183,000 | 267,000 |
| Noninterest income | 0 | 1,000 | 2,000 | 3,000 |
| Noninterest expense | 152,000 | 331,000 | 515,000 | 735,000 |
| Provision for loan losses | 17,000 | 17,000 | 38,000 | 63,000 |
| Pretax income | -120,000 | -237,000 | -368,000 | -528,000 |
| Income tax | 0 | 0 | 0 | -100,000 |
| Net income | -120,000 | -237,000 | -368,000 | -428,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q1 | 2005Q2 | 2005Q3 | 2005Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,004,000 | 3,887,000 | 3,756,000 | 3,596,000 |
| Total capital | 4,041,000 | 3,924,000 | 3,814,000 | 3,679,000 |
| Risk-weighted assets | 2,620,000 | 3,199,000 | 4,370,000 | 8,644,000 |