Call reports 2011
FOREST COMMERCIAL BANK — 2011
What FOREST COMMERCIAL 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 | 108,196,000 | 105,432,000 | 107,111,000 | 119,462,000 |
| Total loans | 79,856,000 | 81,500,000 | 84,191,000 | 91,784,000 |
| Allowance for loan losses | 1,096,000 | 1,143,000 | 1,186,000 | 1,303,000 |
| Securities available for sale | 20,018,000 | 18,591,000 | 16,358,000 | 16,956,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 86,571,000 | 83,242,000 | 86,256,000 | 97,603,000 |
| Interest-bearing deposits | 77,903,000 | 74,644,000 | 79,016,000 | 88,177,000 |
| Noninterest-bearing deposits | 8,668,000 | 8,598,000 | 7,240,000 | 9,426,000 |
| Equity capital | 17,684,000 | 18,177,000 | 18,576,000 | 18,553,000 |
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 | 1,278,000 | 2,602,000 | 3,926,000 | 5,301,000 |
| Interest expense | 299,000 | 569,000 | 856,000 | 1,139,000 |
| Net interest income | 979,000 | 2,033,000 | 3,070,000 | 4,162,000 |
| Noninterest income | 25,000 | 55,000 | 88,000 | 283,000 |
| Noninterest expense | 858,000 | 1,736,000 | 2,587,000 | 3,704,000 |
| Provision for loan losses | 63,000 | 110,000 | 154,000 | 279,000 |
| Pretax income | 83,000 | 242,000 | 417,000 | 462,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 84,000 | 230,000 | 405,000 | 449,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,578,000 | 17,747,000 | 17,942,000 | 18,020,000 |
| Total capital | 18,674,000 | 18,891,000 | 19,123,000 | 19,280,000 |
| Risk-weighted assets | 88,336,000 | 94,395,000 | 96,942,000 | 100,721,000 |