Call reports 2011
BANK OF THE FEDERATED STATES OF MICRONESIA — 2011
What BANK OF THE FEDERATED STATES OF MICRONESIA 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 | 91,822,000 | 84,628,000 | 89,302,000 | 89,033,000 |
| Total loans | 40,779,000 | 41,143,000 | 38,255,000 | 39,668,000 |
| Allowance for loan losses | 1,662,000 | 1,716,000 | 1,736,000 | 1,576,000 |
| Securities available for sale | 19,453,000 | 19,173,000 | 18,372,000 | 16,819,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 73,569,000 | 66,540,000 | 71,064,000 | 70,452,000 |
| Interest-bearing deposits | 51,360,000 | 48,298,000 | 53,981,000 | 48,704,000 |
| Noninterest-bearing deposits | 22,209,000 | 18,242,000 | 17,083,000 | 21,748,000 |
| Equity capital | 17,649,000 | 17,391,000 | 17,645,000 | 18,137,000 |
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 | 1,371,000 | 2,691,000 | 3,958,000 | 5,256,000 |
| Interest expense | 90,000 | 166,000 | 237,000 | 303,000 |
| Net interest income | 1,281,000 | 2,525,000 | 3,721,000 | 4,953,000 |
| Noninterest income | 151,000 | 339,000 | 477,000 | 618,000 |
| Noninterest expense | 985,000 | 2,010,000 | 3,016,000 | 3,918,000 |
| Provision for loan losses | 60,000 | 120,000 | 160,000 | 60,000 |
| Pretax income | 387,000 | 734,000 | 1,022,000 | 1,593,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 387,000 | 734,000 | 1,022,000 | 1,593,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,069,000 | 16,668,000 | 16,956,000 | 17,528,000 |
| Total capital | 17,684,000 | 17,290,000 | 17,529,000 | 18,114,000 |
| Risk-weighted assets | 48,137,000 | 48,660,000 | 44,646,000 | 45,865,000 |