Call reports 2009
PINELAND STATE BANK — 2009
What PINELAND STATE BANK 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 | 65,690,000 | 64,654,000 | 61,930,000 | 61,805,000 |
| Total loans | 45,560,000 | 49,025,000 | 46,553,000 | 44,664,000 |
| Allowance for loan losses | 660,000 | 905,000 | 836,000 | 1,347,000 |
| Securities available for sale | 4,674,000 | 3,915,000 | 4,334,000 | 3,693,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,652,000 | 55,375,000 | 52,754,000 | 54,398,000 |
| Interest-bearing deposits | 50,689,000 | 50,053,000 | 48,234,000 | 49,927,000 |
| Noninterest-bearing deposits | 4,963,000 | 5,322,000 | 4,520,000 | 4,471,000 |
| Equity capital | 7,709,000 | 6,965,000 | 7,046,000 | 5,414,000 |
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 | 926,000 | 1,874,000 | 2,807,000 | 3,514,000 |
| Interest expense | 355,000 | 691,000 | 993,000 | 1,254,000 |
| Net interest income | 571,000 | 1,183,000 | 1,814,000 | 2,260,000 |
| Noninterest income | 157,000 | 288,000 | 432,000 | 577,000 |
| Noninterest expense | 545,000 | 1,767,000 | 2,343,000 | 3,281,000 |
| Provision for loan losses | 140,000 | 398,000 | 660,000 | 2,555,000 |
| Pretax income | 44,000 | -1,191,000 | -1,254,000 | -3,496,000 |
| Income tax | 15,000 | -446,000 | -564,000 | -1,191,000 |
| Net income | 29,000 | -745,000 | -690,000 | -2,305,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,459,000 | 6,731,000 | 6,832,000 | 5,370,000 |
| Total capital | 8,065,000 | 7,367,000 | 7,447,000 | 5,974,000 |
| Risk-weighted assets | 48,391,000 | 50,648,000 | 48,978,000 | 47,583,000 |