Call reports 2010
LONE SUMMIT BANK — 2010
What LONE SUMMIT BANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 29,627,000 | 31,274,000 | 34,513,000 | 32,840,000 |
| Total loans | 24,329,000 | 23,994,000 | 23,942,000 | 23,149,000 |
| Allowance for loan losses | 877,000 | 870,000 | 747,000 | 760,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,297,000 | 27,843,000 | 31,002,000 | 29,351,000 |
| Interest-bearing deposits | 24,300,000 | 25,619,000 | 29,005,000 | 27,204,000 |
| Noninterest-bearing deposits | 1,997,000 | 2,224,000 | 1,997,000 | 2,147,000 |
| Equity capital | 2,239,000 | 2,311,000 | 2,360,000 | 2,350,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 384,000 | 767,000 | 1,143,000 | 1,512,000 |
| Interest expense | 128,000 | 262,000 | 408,000 | 548,000 |
| Net interest income | 256,000 | 505,000 | 735,000 | 964,000 |
| Noninterest income | 5,000 | 12,000 | 20,000 | 25,000 |
| Noninterest expense | 181,000 | 365,000 | 554,000 | 799,000 |
| Provision for loan losses | 560,000 | 560,000 | 560,000 | 560,000 |
| Pretax income | -480,000 | -408,000 | -359,000 | -370,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -480,000 | -408,000 | -359,000 | -370,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,972,000 | 2,044,000 | 2,093,000 | 2,143,000 |
| Total capital | 2,303,000 | 2,376,000 | 2,431,000 | 2,448,000 |
| Risk-weighted assets | 25,648,000 | 25,995,000 | 26,615,000 | 23,967,000 |