Call reports 2011
LONE SUMMIT BANK — 2011
What LONE SUMMIT BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 30,259,000 | 29,186,000 | 28,200,000 | 25,502,000 |
| Total loans | 21,667,000 | 20,014,000 | 19,448,000 | 16,638,000 |
| Allowance for loan losses | 743,000 | 933,000 | 988,000 | 720,000 |
| Securities available for sale | 0 | 4,892,000 | 4,876,000 | 4,348,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 26,941,000 | 26,318,000 | 25,515,000 | 24,437,000 |
| Interest-bearing deposits | 24,175,000 | 24,108,000 | 23,468,000 | 22,532,000 |
| Noninterest-bearing deposits | 2,766,000 | 2,211,000 | 2,047,000 | 1,905,000 |
| Equity capital | 2,184,000 | 1,725,000 | 1,565,000 | 948,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 314,000 | 605,000 | 903,000 | 1,183,000 |
| Interest expense | 124,000 | 232,000 | 334,000 | 432,000 |
| Net interest income | 190,000 | 373,000 | 569,000 | 751,000 |
| Noninterest income | 5,000 | 63,000 | 166,000 | 110,000 |
| Noninterest expense | 305,000 | 572,000 | 802,000 | 1,053,000 |
| Provision for loan losses | 54,000 | 538,000 | 718,000 | 1,271,000 |
| Pretax income | -164,000 | -674,000 | -785,000 | -1,395,000 |
| Income tax | 0 | 0 | 5,000 | 5,000 |
| Net income | -164,000 | -674,000 | -790,000 | -1,400,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 1,977,000 | 1,408,000 | 1,292,000 | 680,000 |
| Total capital | 2,271,000 | 1,680,000 | 1,553,000 | 895,000 |
| Risk-weighted assets | 23,064,000 | 21,012,000 | 20,361,000 | 18,108,000 |