Call reports 2011
LOTUS BANK — 2011
What LOTUS 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 | 69,609,000 | 74,332,000 | 69,609,000 | 69,759,000 |
| Total loans | 51,482,000 | 52,182,000 | 51,392,000 | 52,624,000 |
| Allowance for loan losses | 991,000 | 1,047,000 | 1,075,000 | 1,388,000 |
| Securities available for sale | 6,211,000 | 6,809,000 | 9,565,000 | 8,496,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 61,620,000 | 66,122,000 | 61,057,000 | 61,343,000 |
| Interest-bearing deposits | 55,032,000 | 58,300,000 | 54,159,000 | 53,390,000 |
| Noninterest-bearing deposits | 6,588,000 | 7,822,000 | 6,898,000 | 7,953,000 |
| Equity capital | 7,818,000 | 8,072,000 | 8,353,000 | 8,266,000 |
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 | 849,000 | 1,744,000 | 2,612,000 | 3,552,000 |
| Interest expense | 171,000 | 333,000 | 478,000 | 610,000 |
| Net interest income | 678,000 | 1,411,000 | 2,134,000 | 2,942,000 |
| Noninterest income | 31,000 | 77,000 | 137,000 | 187,000 |
| Noninterest expense | 604,000 | 1,199,000 | 1,775,000 | 2,400,000 |
| Provision for loan losses | 30,000 | 85,000 | 112,000 | 425,000 |
| Pretax income | 75,000 | 204,000 | 384,000 | 304,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 75,000 | 204,000 | 384,000 | 304,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,850,000 | 7,986,000 | 8,165,000 | 8,089,000 |
| Total capital | 8,598,000 | 8,729,000 | 8,881,000 | 8,820,000 |
| Risk-weighted assets | 59,618,000 | 59,174,000 | 56,929,000 | 57,785,000 |