Call reports 2010
BANK OF THE FEDERATED STATES OF MICRONESIA — 2010
What BANK OF THE FEDERATED STATES OF MICRONESIA 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 | 83,453,000 | 88,755,000 | 90,875,000 | 92,864,000 |
| Total loans | 39,354,000 | 39,659,000 | 41,162,000 | 41,371,000 |
| Allowance for loan losses | 1,502,000 | 1,522,000 | 1,519,000 | 1,545,000 |
| Securities available for sale | 24,517,000 | 22,043,000 | 21,176,000 | 20,347,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,916,000 | 71,343,000 | 72,911,000 | 74,877,000 |
| Interest-bearing deposits | 47,288,000 | 52,092,000 | 56,185,000 | 53,344,000 |
| Noninterest-bearing deposits | 18,628,000 | 19,251,000 | 16,726,000 | 21,533,000 |
| Equity capital | 16,822,000 | 16,715,000 | 17,143,000 | 17,382,000 |
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 | 1,370,000 | 2,677,000 | 4,021,000 | 5,417,000 |
| Interest expense | 103,000 | 211,000 | 330,000 | 447,000 |
| Net interest income | 1,267,000 | 2,466,000 | 3,691,000 | 4,970,000 |
| Noninterest income | 156,000 | 285,000 | 430,000 | 566,000 |
| Noninterest expense | 1,041,000 | 2,050,000 | 3,064,000 | 3,934,000 |
| Provision for loan losses | 0 | 0 | 0 | 90,000 |
| Pretax income | 382,000 | 701,000 | 1,057,000 | 1,512,000 |
| Income tax | 0 | 0 | 0 | 10,000 |
| Net income | 382,000 | 701,000 | 1,057,000 | 1,502,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,198,000 | 15,881,000 | 16,238,000 | 16,682,000 |
| Total capital | 16,810,000 | 16,478,000 | 16,875,000 | 17,319,000 |
| Risk-weighted assets | 48,080,000 | 54,837,000 | 50,027,000 | 49,993,000 |