Call reports 2001
CUMBERLAND NATIONAL BANK — 2001
What CUMBERLAND NATIONAL BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 38,615,000 | 44,314,000 | 47,564,000 | 48,717,000 |
| Total loans | 31,944,000 | 38,748,000 | 39,164,000 | 41,478,000 |
| Allowance for loan losses | 360,000 | 433,000 | 503,000 | 1,869,000 |
| Securities available for sale | 1,512,000 | 1,760,000 | 1,260,000 | 1,751,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 35,084,000 | 40,321,000 | 42,680,000 | 43,853,000 |
| Interest-bearing deposits | 32,858,000 | 38,277,000 | 40,717,000 | 41,412,000 |
| Noninterest-bearing deposits | 2,226,000 | 2,044,000 | 1,963,000 | 2,441,000 |
| Equity capital | 3,315,000 | 3,680,000 | 4,484,000 | 4,523,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 965,000 | 2,016,000 | 3,136,000 | 4,179,000 |
| Interest expense | 515,000 | 1,079,000 | 1,691,000 | 2,289,000 |
| Net interest income | 450,000 | 937,000 | 1,445,000 | 1,890,000 |
| Noninterest income | 34,000 | 74,000 | 129,000 | 173,000 |
| Noninterest expense | 321,000 | 656,000 | 1,060,000 | 1,580,000 |
| Provision for loan losses | 75,000 | 150,000 | 688,000 | 3,187,000 |
| Pretax income | 88,000 | 205,000 | -174,000 | -2,704,000 |
| Income tax | 0 | 0 | -82,000 | -1,007,000 |
| Net income | 88,000 | 205,000 | -92,000 | -1,697,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 3,307,000 | 3,674,000 | 4,478,000 | 3,881,000 |
| Total capital | 3,667,000 | 4,107,000 | 4,971,000 | 4,387,000 |
| Risk-weighted assets | 32,956,000 | 39,121,000 | 39,404,000 | 39,136,000 |