Call reports 2010
STATE BANK OF SAUNEMIN — 2010
What STATE BANK OF SAUNEMIN 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 | 28,280,000 | 28,478,000 | 28,777,000 | 29,388,000 |
| Total loans | 13,562,000 | 13,086,000 | 13,734,000 | 14,422,000 |
| Allowance for loan losses | 209,000 | 191,000 | 162,000 | 189,000 |
| Securities available for sale | 11,021,000 | 11,775,000 | 11,827,000 | 11,688,000 |
| Securities held to maturity | 772,000 | 772,000 | 772,000 | 538,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 24,911,000 | 25,246,000 | 25,919,000 | 26,430,000 |
| Interest-bearing deposits | 19,416,000 | 21,804,000 | 22,548,000 | 22,124,000 |
| Noninterest-bearing deposits | 5,495,000 | 3,442,000 | 3,371,000 | 4,306,000 |
| Equity capital | 2,802,000 | 2,659,000 | 2,763,000 | 2,649,000 |
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 | 306,000 | 604,000 | 914,000 | 1,223,000 |
| Interest expense | 89,000 | 175,000 | 257,000 | 335,000 |
| Net interest income | 217,000 | 429,000 | 657,000 | 888,000 |
| Noninterest income | 18,000 | 40,000 | 59,000 | 76,000 |
| Noninterest expense | 175,000 | 321,000 | 479,000 | 672,000 |
| Provision for loan losses | 6,000 | 12,000 | 18,000 | 44,000 |
| Pretax income | 56,000 | 138,000 | 251,000 | 280,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | 56,000 | 138,000 | 251,000 | 279,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,658,000 | 2,411,000 | 2,503,000 | 2,531,000 |
| Total capital | 2,861,000 | 2,602,000 | 2,665,000 | 2,720,000 |
| Risk-weighted assets | 16,254,000 | 15,904,000 | 16,302,000 | 16,704,000 |