Call reports 2009
SQUARE 1 BANK — 2009
What SQUARE 1 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 | 1,241,705,000 | 1,223,403,000 | 1,042,270,000 | 1,098,803,000 |
| Total loans | 393,525,000 | 405,043,000 | 430,726,000 | 456,551,000 |
| Allowance for loan losses | 8,702,000 | 8,507,000 | 9,014,000 | 9,345,000 |
| Securities available for sale | 614,432,000 | 653,846,000 | 426,487,000 | 460,834,000 |
| Securities held to maturity | 12,724,000 | 12,721,000 | 13,003,000 | 19,391,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,145,407,000 | 1,134,863,000 | 953,284,000 | 1,016,222,000 |
| Interest-bearing deposits | 1,058,509,000 | 991,265,000 | 838,875,000 | 914,255,000 |
| Noninterest-bearing deposits | 86,898,000 | 143,598,000 | 114,409,000 | 101,967,000 |
| Equity capital | 83,775,000 | 78,557,000 | 81,655,000 | 71,260,000 |
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 | 12,117,000 | 24,244,000 | 35,459,000 | 46,422,000 |
| Interest expense | 807,000 | 1,465,000 | 1,941,000 | 2,322,000 |
| Net interest income | 11,310,000 | 22,779,000 | 33,518,000 | 44,100,000 |
| Noninterest income | 2,484,000 | 4,236,000 | 6,028,000 | 14,118,000 |
| Noninterest expense | 9,582,000 | 23,894,000 | 27,986,000 | 37,027,000 |
| Provision for loan losses | 2,100,000 | 4,050,000 | 7,323,000 | 9,273,000 |
| Pretax income | 8,903,000 | 8,816,000 | 2,727,000 | 8,486,000 |
| Income tax | 3,630,000 | 3,692,000 | 1,358,000 | 5,167,000 |
| Net income | 5,273,000 | 5,124,000 | 1,369,000 | 3,319,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 93,647,000 | 94,003,000 | 92,080,000 | 96,504,000 |
| Total capital | 102,349,000 | 102,510,000 | 101,094,000 | 105,849,000 |
| Risk-weighted assets | 855,679,000 | 924,192,000 | 816,658,000 | 875,524,000 |