Call reports 2011
PINELAND STATE BANK — 2011
What PINELAND STATE BANK 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 | 60,235,000 | 59,019,000 | 58,929,000 | 55,229,000 |
| Total loans | 37,504,000 | 35,744,000 | 34,438,000 | 32,463,000 |
| Allowance for loan losses | 1,163,000 | 1,048,000 | 694,000 | 683,000 |
| Securities available for sale | 4,026,000 | 3,974,000 | 3,132,000 | 3,177,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,829,000 | 51,713,000 | 51,854,000 | 49,473,000 |
| Interest-bearing deposits | 43,982,000 | 44,459,000 | 43,792,000 | 42,782,000 |
| Noninterest-bearing deposits | 8,847,000 | 7,254,000 | 8,062,000 | 6,691,000 |
| Equity capital | 5,801,000 | 5,828,000 | 5,687,000 | 5,494,000 |
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 | 680,000 | 1,388,000 | 2,015,000 | 2,577,000 |
| Interest expense | 162,000 | 305,000 | 434,000 | 540,000 |
| Net interest income | 518,000 | 1,083,000 | 1,581,000 | 2,037,000 |
| Noninterest income | 83,000 | 97,000 | -158,000 | -234,000 |
| Noninterest expense | 496,000 | 1,070,000 | 1,579,000 | 2,258,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 45,000 |
| Pretax income | 105,000 | 110,000 | -166,000 | -446,000 |
| Income tax | 33,000 | 29,000 | -79,000 | -217,000 |
| Net income | 72,000 | 81,000 | -87,000 | -229,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,776,000 | 5,785,000 | 5,617,000 | 5,154,000 |
| Total capital | 6,299,000 | 6,291,000 | 6,099,000 | 5,606,000 |
| Risk-weighted assets | 41,182,000 | 39,956,000 | 38,346,000 | 35,904,000 |