Call reports 2009
FOREST COMMERCIAL BANK — 2009
What FOREST COMMERCIAL BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 51,025,000 | 59,102,000 | 70,421,000 | 76,746,000 |
| Total loans | 40,066,000 | 48,032,000 | 51,999,000 | 58,298,000 |
| Allowance for loan losses | 562,000 | 649,000 | 703,000 | 784,000 |
| Securities available for sale | 10,568,000 | 8,856,000 | 15,621,000 | 14,896,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 33,148,000 | 39,968,000 | 48,492,000 | 54,786,000 |
| Interest-bearing deposits | 31,649,000 | 37,602,000 | 45,792,000 | 51,645,000 |
| Noninterest-bearing deposits | 1,499,000 | 2,366,000 | 2,700,000 | 3,141,000 |
| Equity capital | 17,550,000 | 17,324,000 | 17,395,000 | 17,517,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 620,000 | 1,368,000 | 2,219,000 | 3,184,000 |
| Interest expense | 191,000 | 392,000 | 613,000 | 871,000 |
| Net interest income | 429,000 | 976,000 | 1,606,000 | 2,313,000 |
| Noninterest income | 1,000 | 3,000 | 5,000 | 9,000 |
| Noninterest expense | 604,000 | 1,324,000 | 2,046,000 | 2,665,000 |
| Provision for loan losses | 79,000 | 167,000 | 220,000 | 301,000 |
| Pretax income | -253,000 | -512,000 | -655,000 | -647,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -253,000 | -515,000 | -658,000 | -647,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,313,000 | 17,140,000 | 17,103,000 | 17,226,000 |
| Total capital | 17,814,000 | 17,741,000 | 17,754,000 | 17,956,000 |
| Risk-weighted assets | 39,884,000 | 49,282,000 | 56,120,000 | 63,392,000 |