Call reports 2006
ARMOR BANK — 2006
What ARMOR BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 60,178,000 | 51,550,000 | 50,683,000 | 46,686,000 |
| Total loans | 25,424,000 | 23,706,000 | 23,050,000 | 21,763,000 |
| Allowance for loan losses | 938,000 | 817,000 | 709,000 | 661,000 |
| Securities available for sale | 25,785,000 | 20,095,000 | 19,416,000 | 17,453,000 |
| Securities held to maturity | 2,189,000 | 2,149,000 | 2,091,000 | 2,051,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,960,000 | 40,672,000 | 39,914,000 | 38,832,000 |
| Interest-bearing deposits | 46,436,000 | 38,340,000 | 37,521,000 | 36,363,000 |
| Noninterest-bearing deposits | 2,524,000 | 2,332,000 | 2,393,000 | 2,469,000 |
| Equity capital | 5,817,000 | 5,776,000 | 5,950,000 | 6,040,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 738,000 | 1,535,000 | 2,251,000 | 2,985,000 |
| Interest expense | 362,000 | 757,000 | 1,109,000 | 1,451,000 |
| Net interest income | 376,000 | 778,000 | 1,142,000 | 1,534,000 |
| Noninterest income | 48,000 | 87,000 | 200,000 | 321,000 |
| Noninterest expense | 461,000 | 887,000 | 1,304,000 | 1,747,000 |
| Provision for loan losses | -50,000 | -100,000 | -100,000 | -100,000 |
| Pretax income | 13,000 | 78,000 | 138,000 | 208,000 |
| Income tax | -1,000 | 18,000 | 36,000 | 1,000 |
| Net income | 14,000 | 60,000 | 102,000 | 207,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,179,000 | 6,227,000 | 6,269,000 | 6,280,000 |
| Total capital | 6,544,000 | 6,572,000 | 6,606,000 | 6,590,000 |
| Risk-weighted assets | 28,657,000 | 27,159,000 | 26,560,000 | 24,438,000 |