Call reports 2012
BANK OF THE FEDERATED STATES OF MICRONESIA — 2012
What BANK OF THE FEDERATED STATES OF MICRONESIA reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 101,216,000 | 100,437,000 | 105,628,000 | 104,180,000 |
| Total loans | 39,777,000 | 41,285,000 | 41,738,000 | 42,460,000 |
| Allowance for loan losses | 1,616,000 | 1,524,000 | 1,554,000 | 1,249,000 |
| Securities available for sale | 15,697,000 | 14,580,000 | 19,340,000 | 20,499,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,539,000 | 82,315,000 | 87,108,000 | 84,967,000 |
| Interest-bearing deposits | 60,613,000 | 56,868,000 | 56,108,000 | 56,973,000 |
| Noninterest-bearing deposits | 21,926,000 | 25,447,000 | 31,000,000 | 27,994,000 |
| Equity capital | 18,251,000 | 17,639,000 | 17,887,000 | 18,607,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,259,000 | 2,528,000 | 3,879,000 | 5,504,000 |
| Interest expense | 69,000 | 136,000 | 200,000 | 259,000 |
| Net interest income | 1,190,000 | 2,392,000 | 3,679,000 | 5,245,000 |
| Noninterest income | 143,000 | 302,000 | 460,000 | 601,000 |
| Noninterest expense | 1,027,000 | 2,094,000 | 3,171,000 | 4,225,000 |
| Provision for loan losses | 60,000 | 120,000 | 180,000 | 20,000 |
| Pretax income | 246,000 | 480,000 | 788,000 | 1,601,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 246,000 | 480,000 | 788,000 | 1,601,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,773,000 | 17,214,000 | 17,522,000 | 18,338,000 |
| Total capital | 18,354,000 | 17,822,000 | 18,155,000 | 18,972,000 |
| Risk-weighted assets | 45,401,000 | 47,689,000 | 49,693,000 | 50,464,000 |