Call reports 2010
FOREST COMMERCIAL BANK — 2010
What FOREST COMMERCIAL BANK 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 | 80,907,000 | 83,424,000 | 101,349,000 | 102,219,000 |
| Total loans | 61,120,000 | 64,736,000 | 69,939,000 | 75,250,000 |
| Allowance for loan losses | 822,000 | 871,000 | 942,000 | 1,033,000 |
| Securities available for sale | 14,304,000 | 14,542,000 | 15,062,000 | 22,919,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 58,757,000 | 60,987,000 | 78,350,000 | 80,614,000 |
| Interest-bearing deposits | 55,238,000 | 56,896,000 | 71,250,000 | 71,130,000 |
| Noninterest-bearing deposits | 3,519,000 | 4,091,000 | 7,100,000 | 9,484,000 |
| Equity capital | 17,773,000 | 18,009,000 | 18,067,000 | 17,596,000 |
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 | 1,003,000 | 2,089,000 | 3,214,000 | 4,452,000 |
| Interest expense | 286,000 | 586,000 | 907,000 | 1,233,000 |
| Net interest income | 717,000 | 1,503,000 | 2,307,000 | 3,219,000 |
| Noninterest income | 7,000 | 19,000 | 28,000 | 60,000 |
| Noninterest expense | 660,000 | 1,354,000 | 2,109,000 | 2,993,000 |
| Provision for loan losses | 38,000 | 87,000 | 159,000 | 249,000 |
| Pretax income | 26,000 | 81,000 | 67,000 | 37,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 26,000 | 81,000 | 67,000 | 37,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,303,000 | 17,410,000 | 17,450,000 | 17,473,000 |
| Total capital | 18,068,000 | 18,220,000 | 18,325,000 | 18,506,000 |
| Risk-weighted assets | 68,360,000 | 71,921,000 | 77,504,000 | 85,302,000 |