Call reports 2012
WEST POINT BANK — 2012
What WEST POINT BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 157,243,000 | 159,699,000 | 167,687,000 | 164,598,000 |
| Total loans | 66,720,000 | 66,276,000 | 67,136,000 | 65,136,000 |
| Allowance for loan losses | 782,000 | 785,000 | 789,000 | 796,000 |
| Securities available for sale | 55,365,000 | 71,081,000 | 66,316,000 | 65,194,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 82,254,000 | 79,070,000 | 82,757,000 | 81,292,000 |
| Interest-bearing deposits | 65,525,000 | 61,473,000 | 65,799,000 | 65,322,000 |
| Noninterest-bearing deposits | 16,729,000 | 17,597,000 | 16,958,000 | 15,970,000 |
| Equity capital | 15,787,000 | 15,992,000 | 16,120,000 | 14,254,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,373,000 | 2,643,000 | 3,848,000 | 4,964,000 |
| Interest expense | 193,000 | 382,000 | 558,000 | 708,000 |
| Net interest income | 1,180,000 | 2,261,000 | 3,290,000 | 4,256,000 |
| Noninterest income | 40,000 | 99,000 | 204,000 | 284,000 |
| Noninterest expense | 749,000 | 1,514,000 | 2,336,000 | 3,149,000 |
| Provision for loan losses | 2,000 | 37,000 | 49,000 | 121,000 |
| Pretax income | 469,000 | 809,000 | 1,109,000 | 1,270,000 |
| Income tax | 150,000 | 276,000 | 368,000 | 460,000 |
| Net income | 319,000 | 533,000 | 741,000 | 810,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,724,000 | 15,938,000 | 16,146,000 | 14,215,000 |
| Total capital | 16,479,000 | 16,709,000 | 16,935,000 | 15,011,000 |
| Risk-weighted assets | 60,342,000 | 61,641,000 | 64,672,000 | 64,127,000 |