Call reports 2010
SQUARE 1 BANK — 2010
What SQUARE 1 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 | 1,152,391,000 | 1,230,574,000 | 1,278,500,000 | 1,582,145,000 |
| Total loans | 449,150,000 | 454,340,000 | 444,931,000 | 490,636,000 |
| Allowance for loan losses | 9,670,000 | 9,531,000 | 8,231,000 | 9,197,000 |
| Securities available for sale | 584,385,000 | 636,005,000 | 683,770,000 | 820,048,000 |
| Securities held to maturity | 19,366,000 | 18,427,000 | 17,721,000 | 16,964,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,071,640,000 | 1,111,371,000 | 1,147,612,000 | 1,465,887,000 |
| Interest-bearing deposits | 936,517,000 | 943,981,000 | 987,254,000 | 1,316,800,000 |
| Noninterest-bearing deposits | 135,123,000 | 167,390,000 | 160,358,000 | 149,087,000 |
| Equity capital | 72,846,000 | 112,504,000 | 113,274,000 | 107,897,000 |
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 | 12,173,000 | 25,620,000 | 38,990,000 | 52,099,000 |
| Interest expense | 297,000 | 585,000 | 908,000 | 1,255,000 |
| Net interest income | 11,876,000 | 25,035,000 | 38,082,000 | 50,844,000 |
| Noninterest income | 3,248,000 | 3,883,000 | 6,490,000 | 7,981,000 |
| Noninterest expense | 10,334,000 | 21,000,000 | 30,873,000 | 41,971,000 |
| Provision for loan losses | 950,000 | 2,250,000 | 3,150,000 | 5,050,000 |
| Pretax income | 2,131,000 | -20,774,000 | -19,727,000 | -18,606,000 |
| Income tax | 776,000 | -7,564,000 | -7,193,000 | -6,764,000 |
| Net income | 1,355,000 | -13,210,000 | -12,534,000 | -11,842,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 98,035,000 | 116,627,000 | 118,981,000 | 122,346,000 |
| Total capital | 107,705,000 | 126,158,000 | 127,213,000 | 131,543,000 |
| Risk-weighted assets | 882,884,000 | 770,836,000 | 749,742,000 | 814,302,000 |