Call reports 2010
PINELAND STATE BANK — 2010
What PINELAND STATE BANK 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 | 62,878,000 | 61,928,000 | 61,084,000 | 61,350,000 |
| Total loans | 43,207,000 | 41,726,000 | 40,829,000 | 39,859,000 |
| Allowance for loan losses | 1,393,000 | 1,382,000 | 1,274,000 | 1,162,000 |
| Securities available for sale | 4,256,000 | 4,395,000 | 4,071,000 | 3,824,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 55,412,000 | 54,437,000 | 53,625,000 | 53,964,000 |
| Interest-bearing deposits | 50,097,000 | 49,773,000 | 48,169,000 | 48,150,000 |
| Noninterest-bearing deposits | 5,315,000 | 4,664,000 | 5,456,000 | 5,814,000 |
| Equity capital | 5,514,000 | 5,655,000 | 5,718,000 | 5,722,000 |
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 | 806,000 | 1,590,000 | 2,349,000 | 3,075,000 |
| Interest expense | 240,000 | 461,000 | 670,000 | 858,000 |
| Net interest income | 566,000 | 1,129,000 | 1,679,000 | 2,217,000 |
| Noninterest income | 145,000 | 298,000 | 420,000 | 542,000 |
| Noninterest expense | 489,000 | 1,003,000 | 1,644,000 | 2,272,000 |
| Provision for loan losses | 44,000 | 53,000 | 0 | 38,000 |
| Pretax income | 178,000 | 371,000 | 455,000 | 449,000 |
| Income tax | 62,000 | 126,000 | 151,000 | 115,000 |
| Net income | 116,000 | 245,000 | 304,000 | 334,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,486,000 | 5,615,000 | 5,674,000 | 5,704,000 |
| Total capital | 6,057,000 | 6,164,000 | 6,217,000 | 6,240,000 |
| Risk-weighted assets | 44,887,000 | 43,070,000 | 42,733,000 | 42,272,000 |