Call reports 2006
BANK OF THE FEDERATED STATES OF MICRONESIA — 2006
What BANK OF THE FEDERATED STATES OF MICRONESIA 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 | 82,582,000 | 79,576,000 | 75,787,000 | 77,683,000 |
| Total loans | 21,551,000 | 23,295,000 | 23,948,000 | 25,964,000 |
| Allowance for loan losses | 1,399,000 | 1,453,000 | 1,470,000 | 1,310,000 |
| Securities available for sale | 41,739,000 | 40,630,000 | 40,115,000 | 36,318,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 69,191,000 | 66,371,000 | 61,745,000 | 63,337,000 |
| Interest-bearing deposits | 49,914,000 | 49,289,000 | 44,766,000 | 46,466,000 |
| Noninterest-bearing deposits | 19,277,000 | 17,082,000 | 16,979,000 | 16,871,000 |
| Equity capital | 12,728,000 | 12,460,000 | 13,184,000 | 13,606,000 |
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 | 1,086,000 | 2,251,000 | 3,532,000 | 4,747,000 |
| Interest expense | 163,000 | 350,000 | 583,000 | 811,000 |
| Net interest income | 923,000 | 1,901,000 | 2,949,000 | 3,936,000 |
| Noninterest income | 201,000 | 387,000 | 594,000 | 791,000 |
| Noninterest expense | 854,000 | 1,719,000 | 2,646,000 | 3,455,000 |
| Provision for loan losses | 0 | 0 | 0 | 45,000 |
| Pretax income | 270,000 | 569,000 | 897,000 | 1,227,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 270,000 | 569,000 | 897,000 | 1,227,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,468,000 | 13,299,000 | 13,628,000 | 13,958,000 |
| Total capital | 13,934,000 | 13,765,000 | 14,078,000 | 14,438,000 |
| Risk-weighted assets | 36,358,000 | 36,299,000 | 35,011,000 | 37,594,000 |