Call reports 2009
FOUR OAKS BANK & TRUST COMPANY — 2009
What FOUR OAKS BANK & TRUST COMPANY 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 | 953,507,000 | 941,042,000 | 929,866,000 | 974,029,000 |
| Total loans | 706,736,000 | 718,470,000 | 719,147,000 | 715,133,000 |
| Allowance for loan losses | 10,450,000 | 13,289,000 | 16,326,000 | 15,676,000 |
| Securities available for sale | 182,181,000 | 147,420,000 | 126,365,000 | 123,728,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 756,150,000 | 739,249,000 | 721,592,000 | 766,903,000 |
| Interest-bearing deposits | 680,832,000 | 661,030,000 | 644,243,000 | 676,958,000 |
| Noninterest-bearing deposits | 75,318,000 | 78,218,000 | 77,349,000 | 89,945,000 |
| Equity capital | 74,627,000 | 73,752,000 | 75,205,000 | 74,632,000 |
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 | 11,853,000 | 23,790,000 | 35,774,000 | 47,259,000 |
| Interest expense | 5,055,000 | 9,589,000 | 13,925,000 | 17,970,000 |
| Net interest income | 6,798,000 | 14,201,000 | 21,849,000 | 29,289,000 |
| Noninterest income | 1,017,000 | 2,179,000 | 3,357,000 | 4,536,000 |
| Noninterest expense | 5,578,000 | 11,757,000 | 17,613,000 | 30,280,000 |
| Provision for loan losses | 1,642,000 | 6,014,000 | 10,497,000 | 15,471,000 |
| Pretax income | 1,132,000 | -159,000 | -992,000 | -9,665,000 |
| Income tax | 138,000 | -600,000 | -1,236,000 | -2,745,000 |
| Net income | 994,000 | 441,000 | 244,000 | -6,920,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 67,546,000 | 67,023,000 | 66,857,000 | 73,377,000 |
| Total capital | 76,395,000 | 83,831,000 | 87,837,000 | 94,442,000 |
| Risk-weighted assets | 706,324,000 | 719,236,000 | 711,077,000 | 718,564,000 |