Call reports 2006
LONE SUMMIT BANK — 2006
What LONE SUMMIT 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 | 12,524,000 | 13,166,000 | 16,622,000 | 16,647,000 |
| Total loans | 8,101,000 | 9,849,000 | 11,865,000 | 13,252,000 |
| Allowance for loan losses | 91,000 | 110,000 | 133,000 | 150,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 8,880,000 | 9,527,000 | 13,029,000 | 13,052,000 |
| Interest-bearing deposits | 7,964,000 | 8,655,000 | 11,699,000 | 11,695,000 |
| Noninterest-bearing deposits | 917,000 | 872,000 | 1,330,000 | 1,357,000 |
| Equity capital | 3,581,000 | 3,532,000 | 3,476,000 | 3,423,000 |
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 | 152,000 | 423,000 | 712,000 | 1,008,000 |
| Interest expense | 58,000 | 141,000 | 254,000 | 383,000 |
| Net interest income | 94,000 | 282,000 | 458,000 | 625,000 |
| Noninterest income | 1,000 | 3,000 | 4,000 | 8,000 |
| Noninterest expense | 195,000 | 414,000 | 625,000 | 882,000 |
| Provision for loan losses | 15,000 | 35,000 | 57,000 | 74,000 |
| Pretax income | -115,000 | -164,000 | -220,000 | -323,000 |
| Income tax | 0 | 0 | 0 | -50,000 |
| Net income | -115,000 | -164,000 | -220,000 | -273,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,481,000 | 3,432,000 | 3,376,000 | 3,273,000 |
| Total capital | 3,572,000 | 3,542,000 | 3,509,000 | 3,423,000 |
| Risk-weighted assets | 9,831,000 | 11,419,000 | 13,695,000 | 14,992,000 |