Call reports 2011
WEST POINT BANK — 2011
What WEST POINT 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 | 137,547,000 | 134,981,000 | 144,470,000 | 141,640,000 |
| Total loans | 69,021,000 | 69,793,000 | 70,102,000 | 69,354,000 |
| Allowance for loan losses | 603,000 | 768,000 | 771,000 | 779,000 |
| Securities available for sale | 38,420,000 | 41,775,000 | 47,125,000 | 49,287,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 76,496,000 | 75,485,000 | 79,302,000 | 77,707,000 |
| Interest-bearing deposits | 61,101,000 | 60,885,000 | 63,062,000 | 61,447,000 |
| Noninterest-bearing deposits | 15,395,000 | 14,600,000 | 16,240,000 | 16,260,000 |
| Equity capital | 14,637,000 | 14,962,000 | 15,236,000 | 15,463,000 |
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 | 1,408,000 | 2,959,000 | 4,540,000 | 6,035,000 |
| Interest expense | 234,000 | 436,000 | 643,000 | 843,000 |
| Net interest income | 1,174,000 | 2,523,000 | 3,897,000 | 5,192,000 |
| Noninterest income | 76,000 | 197,000 | 250,000 | 367,000 |
| Noninterest expense | 765,000 | 1,466,000 | 2,226,000 | 3,080,000 |
| Provision for loan losses | 6,000 | 223,000 | 315,000 | 346,000 |
| Pretax income | 479,000 | 1,031,000 | 1,606,000 | 2,133,000 |
| Income tax | 158,000 | 352,000 | 540,000 | 790,000 |
| Net income | 321,000 | 679,000 | 1,066,000 | 1,343,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,383,000 | 14,741,000 | 15,128,000 | 15,405,000 |
| Total capital | 14,986,000 | 15,459,000 | 15,858,000 | 16,136,000 |
| Risk-weighted assets | 57,653,000 | 57,383,000 | 58,348,000 | 58,423,000 |