Call reports 2009
LONE SUMMIT BANK — 2009
What LONE SUMMIT BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 26,489,000 | 27,001,000 | 26,967,000 | 26,558,000 |
| Total loans | 23,189,000 | 23,525,000 | 23,460,000 | 23,675,000 |
| Allowance for loan losses | 424,000 | 250,000 | 295,000 | 307,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 23,620,000 | 24,192,000 | 24,195,000 | 23,753,000 |
| Interest-bearing deposits | 22,294,000 | 22,491,000 | 22,551,000 | 21,968,000 |
| Noninterest-bearing deposits | 1,326,000 | 1,701,000 | 1,644,000 | 1,785,000 |
| Equity capital | 2,766,000 | 2,675,000 | 2,658,000 | 2,719,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 338,000 | 696,000 | 1,058,000 | 1,438,000 |
| Interest expense | 166,000 | 320,000 | 468,000 | 596,000 |
| Net interest income | 172,000 | 376,000 | 590,000 | 842,000 |
| Noninterest income | 6,000 | 12,000 | 19,000 | 24,000 |
| Noninterest expense | 224,000 | 467,000 | 660,000 | 856,000 |
| Provision for loan losses | 14,000 | 88,000 | 131,000 | 131,000 |
| Pretax income | -60,000 | -167,000 | -182,000 | -121,000 |
| Income tax | -9,000 | -24,000 | -23,000 | -23,000 |
| Net income | -51,000 | -143,000 | -159,000 | -98,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,515,000 | 2,408,000 | 2,391,000 | 2,452,000 |
| Total capital | 2,827,000 | 2,658,000 | 2,686,000 | 2,759,000 |
| Risk-weighted assets | 24,063,000 | 24,531,000 | 24,399,000 | 24,594,000 |