Call reports 2011
ADVANTAGE BANK — 2011
What ADVANTAGE 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 | 49,559,000 | 50,681,000 | 52,106,000 | 56,093,000 |
| Total loans | 32,076,000 | 33,007,000 | 33,436,000 | 34,638,000 |
| Allowance for loan losses | 543,000 | 563,000 | 361,000 | 388,000 |
| Securities available for sale | 13,589,000 | 13,915,000 | 14,289,000 | 14,425,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 43,306,000 | 41,674,000 | 45,264,000 | 49,512,000 |
| Interest-bearing deposits | 32,806,000 | 31,627,000 | 34,187,000 | 38,894,000 |
| Noninterest-bearing deposits | 10,500,000 | 10,047,000 | 11,077,000 | 10,618,000 |
| Equity capital | 6,195,000 | 6,425,000 | 6,783,000 | 6,495,000 |
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 | 649,000 | 1,329,000 | 2,043,000 | 2,766,000 |
| Interest expense | 69,000 | 139,000 | 210,000 | 280,000 |
| Net interest income | 580,000 | 1,190,000 | 1,833,000 | 2,486,000 |
| Noninterest income | 217,000 | 426,000 | 632,000 | 818,000 |
| Noninterest expense | 627,000 | 1,266,000 | 1,932,000 | 2,683,000 |
| Provision for loan losses | 15,000 | 50,000 | 100,000 | 270,000 |
| Pretax income | 158,000 | 303,000 | 436,000 | 611,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 158,000 | 303,000 | 436,000 | 611,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,074,000 | 6,065,000 | 6,135,000 | 6,052,000 |
| Total capital | 6,501,000 | 6,495,000 | 6,496,000 | 6,440,000 |
| Risk-weighted assets | 34,068,000 | 34,248,000 | 35,180,000 | 37,144,000 |