Call reports 2009
BANK OF THE FEDERATED STATES OF MICRONESIA — 2009
What BANK OF THE FEDERATED STATES OF MICRONESIA 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 | 85,331,000 | 80,479,000 | 80,059,000 | 84,962,000 |
| Total loans | 29,805,000 | 30,694,000 | 32,507,000 | 37,624,000 |
| Allowance for loan losses | 1,529,000 | 1,559,000 | 1,562,000 | 1,405,000 |
| Securities available for sale | 31,302,000 | 27,463,000 | 26,636,000 | 24,451,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 68,420,000 | 64,092,000 | 62,529,000 | 67,719,000 |
| Interest-bearing deposits | 48,206,000 | 46,559,000 | 46,829,000 | 49,167,000 |
| Noninterest-bearing deposits | 20,214,000 | 17,533,000 | 15,701,000 | 18,552,000 |
| Equity capital | 16,421,000 | 15,867,000 | 16,135,000 | 16,561,000 |
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 | 1,143,000 | 2,266,000 | 3,464,000 | 4,746,000 |
| Interest expense | 116,000 | 223,000 | 330,000 | 431,000 |
| Net interest income | 1,027,000 | 2,043,000 | 3,134,000 | 4,315,000 |
| Noninterest income | 148,000 | 272,000 | 410,000 | 565,000 |
| Noninterest expense | 935,000 | 1,832,000 | 2,825,000 | 3,767,000 |
| Provision for loan losses | 0 | 0 | 0 | -100,000 |
| Pretax income | 240,000 | 483,000 | 721,000 | 1,330,000 |
| Income tax | 27,000 | 65,000 | 65,000 | 52,000 |
| Net income | 213,000 | 418,000 | 656,000 | 1,278,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,313,000 | 14,957,000 | 15,194,000 | 15,816,000 |
| Total capital | 15,797,000 | 15,459,000 | 15,697,000 | 16,391,000 |
| Risk-weighted assets | 37,711,000 | 39,064,000 | 39,198,000 | 45,435,000 |