Call reports 2012
COVINGTON COUNTY BANK — 2012
What COVINGTON COUNTY 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 | 56,763,000 | 59,069,000 | 58,615,000 | 60,879,000 |
| Total loans | 31,727,000 | 31,768,000 | 33,107,000 | 34,688,000 |
| Allowance for loan losses | 227,000 | 225,000 | 282,000 | 302,000 |
| Securities available for sale | 18,663,000 | 17,793,000 | 16,720,000 | 17,061,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 49,835,000 | 51,884,000 | 51,196,000 | 53,542,000 |
| Interest-bearing deposits | 34,934,000 | 36,533,000 | 36,914,000 | 37,257,000 |
| Noninterest-bearing deposits | 14,901,000 | 15,351,000 | 14,282,000 | 16,285,000 |
| Equity capital | 6,350,000 | 6,586,000 | 6,817,000 | 6,508,000 |
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 | 612,000 | 1,273,000 | 1,904,000 | 2,550,000 |
| Interest expense | 85,000 | 174,000 | 263,000 | 356,000 |
| Net interest income | 527,000 | 1,099,000 | 1,641,000 | 2,194,000 |
| Noninterest income | 107,000 | 207,000 | 305,000 | 408,000 |
| Noninterest expense | 443,000 | 882,000 | 1,372,000 | 1,928,000 |
| Provision for loan losses | 0 | 0 | 89,000 | 109,000 |
| Pretax income | 191,000 | 424,000 | 485,000 | 565,000 |
| Income tax | 44,000 | 98,000 | 115,000 | 143,000 |
| Net income | 147,000 | 326,000 | 370,000 | 422,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,666,000 | 6,846,000 | 6,890,000 | 6,687,000 |
| Total capital | 6,893,000 | 7,072,000 | 7,172,000 | 6,989,000 |
| Risk-weighted assets | 47,709,000 | 44,733,000 | 38,550,000 | 40,730,000 |