Call reports 2011
SMARTBANK — 2011
What SMARTBANK 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 | 292,623,000 | 302,117,000 | 323,629,000 | 327,787,000 |
| Total loans | 235,847,000 | 236,600,000 | 238,657,000 | 233,675,000 |
| Allowance for loan losses | 3,600,000 | 3,677,000 | 3,584,000 | 3,652,000 |
| Securities available for sale | 34,025,000 | 35,927,000 | 35,554,000 | 39,022,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 253,476,000 | 261,896,000 | 274,419,000 | 278,480,000 |
| Interest-bearing deposits | 233,736,000 | 238,154,000 | 249,807,000 | 251,265,000 |
| Noninterest-bearing deposits | 19,740,000 | 23,742,000 | 24,612,000 | 27,215,000 |
| Equity capital | 32,017,000 | 32,789,000 | 44,664,000 | 44,668,000 |
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 | 3,503,000 | 7,050,000 | 10,613,000 | 14,154,000 |
| Interest expense | 924,000 | 1,727,000 | 2,493,000 | 3,215,000 |
| Net interest income | 2,579,000 | 5,323,000 | 8,120,000 | 10,939,000 |
| Noninterest income | 138,000 | 294,000 | 458,000 | 567,000 |
| Noninterest expense | 2,203,000 | 4,322,000 | 6,426,000 | 8,429,000 |
| Provision for loan losses | 46,000 | 214,000 | 358,000 | 583,000 |
| Pretax income | 468,000 | 1,143,000 | 1,909,000 | 2,609,000 |
| Income tax | 0 | 237,000 | 547,000 | 830,000 |
| Net income | 468,000 | 906,000 | 1,362,000 | 1,779,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 31,872,000 | 32,341,000 | 43,632,000 | 44,079,000 |
| Total capital | 34,840,000 | 35,379,000 | 46,741,000 | 47,135,000 |
| Risk-weighted assets | 236,816,000 | 242,400,000 | 248,224,000 | 243,853,000 |