Call reports 2011
BROWARD BANK OF COMMERCE — 2011
What BROWARD BANK OF COMMERCE 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 | 110,635,000 | 117,327,000 | 124,317,000 | 129,264,000 |
| Total loans | 70,272,000 | 72,758,000 | 79,791,000 | 84,747,000 |
| Allowance for loan losses | 984,000 | 975,000 | 965,000 | 1,170,000 |
| Securities available for sale | 34,169,000 | 33,626,000 | 37,023,000 | 38,461,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,281,000 | 101,615,000 | 105,581,000 | 104,874,000 |
| Interest-bearing deposits | 78,958,000 | 87,748,000 | 89,053,000 | 84,999,000 |
| Noninterest-bearing deposits | 16,323,000 | 13,867,000 | 16,528,000 | 19,875,000 |
| Equity capital | 12,074,000 | 12,803,000 | 16,754,000 | 17,516,000 |
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 | 1,339,000 | 2,822,000 | 4,336,000 | 5,910,000 |
| Interest expense | 319,000 | 654,000 | 987,000 | 1,291,000 |
| Net interest income | 1,020,000 | 2,168,000 | 3,349,000 | 4,619,000 |
| Noninterest income | 19,000 | 40,000 | 432,000 | 464,000 |
| Noninterest expense | 867,000 | 1,836,000 | 2,825,000 | 3,716,000 |
| Provision for loan losses | 85,000 | 76,000 | 66,000 | 271,000 |
| Pretax income | 105,000 | 314,000 | 908,000 | 1,119,000 |
| Income tax | 0 | 0 | 0 | -924,000 |
| Net income | 105,000 | 314,000 | 908,000 | 2,043,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,096,000 | 12,382,000 | 15,822,000 | 16,605,000 |
| Total capital | 13,013,000 | 13,335,000 | 16,787,000 | 17,725,000 |
| Risk-weighted assets | 73,286,000 | 76,193,000 | 83,308,000 | 89,557,000 |