Call reports 2010
STATE BANK OF SOUTHERN UTAH — 2010
What STATE BANK OF SOUTHERN UTAH reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 663,529,000 | 663,225,000 | 661,755,000 | 671,816,000 |
| Total loans | 434,412,000 | 426,806,000 | 420,557,000 | 427,355,000 |
| Allowance for loan losses | 10,461,000 | 11,033,000 | 11,069,000 | 11,535,000 |
| Securities available for sale | 174,906,000 | 176,956,000 | 192,444,000 | 189,507,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 554,387,000 | 556,804,000 | 555,149,000 | 546,592,000 |
| Interest-bearing deposits | 471,581,000 | 468,103,000 | 466,685,000 | 463,306,000 |
| Noninterest-bearing deposits | 82,806,000 | 88,701,000 | 88,464,000 | 83,286,000 |
| Equity capital | 75,354,000 | 76,192,000 | 77,128,000 | 76,751,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 7,481,000 | 15,075,000 | 22,546,000 | 29,975,000 |
| Interest expense | 2,076,000 | 3,891,000 | 5,524,000 | 6,974,000 |
| Net interest income | 5,405,000 | 11,184,000 | 17,022,000 | 23,001,000 |
| Noninterest income | 1,294,000 | 2,825,000 | 4,547,000 | 6,448,000 |
| Noninterest expense | 4,132,000 | 8,478,000 | 12,672,000 | 16,320,000 |
| Provision for loan losses | 6,481,000 | 8,560,000 | 11,487,000 | 14,261,000 |
| Pretax income | -3,914,000 | -3,029,000 | -2,590,000 | -1,132,000 |
| Income tax | -1,675,000 | -1,589,000 | -1,589,000 | -1,304,000 |
| Net income | -2,239,000 | -1,440,000 | -1,001,000 | 172,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 74,077,000 | 74,864,000 | 75,291,000 | 76,382,000 |
| Total capital | 80,538,000 | 81,237,000 | 81,622,000 | 82,852,000 |
| Risk-weighted assets | 512,346,000 | 504,652,000 | 501,140,000 | 512,034,000 |