Call reports 2010
FOUR OAKS BANK & TRUST COMPANY — 2010
What FOUR OAKS BANK & TRUST COMPANY 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 | 967,868,000 | 943,865,000 | 921,509,000 | 944,659,000 |
| Total loans | 722,468,000 | 710,626,000 | 695,150,000 | 682,255,000 |
| Allowance for loan losses | 16,500,000 | 17,290,000 | 17,450,000 | 22,100,000 |
| Securities available for sale | 134,049,000 | 111,457,000 | 84,568,000 | 130,468,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 760,172,000 | 738,391,000 | 726,988,000 | 771,033,000 |
| Interest-bearing deposits | 670,684,000 | 649,857,000 | 636,329,000 | 680,744,000 |
| Noninterest-bearing deposits | 89,487,000 | 88,534,000 | 90,659,000 | 90,289,000 |
| Equity capital | 75,325,000 | 75,842,000 | 78,257,000 | 55,338,000 |
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 | 11,622,000 | 23,501,000 | 35,027,000 | 45,842,000 |
| Interest expense | 3,876,000 | 7,695,000 | 11,327,000 | 14,821,000 |
| Net interest income | 7,746,000 | 15,806,000 | 23,700,000 | 31,021,000 |
| Noninterest income | 697,000 | 1,309,000 | 2,197,000 | 1,194,000 |
| Noninterest expense | 6,616,000 | 13,151,000 | 19,235,000 | 25,572,000 |
| Provision for loan losses | 2,061,000 | 5,136,000 | 20,186,000 | 31,744,000 |
| Pretax income | 20,000 | 215,000 | -10,606,000 | -21,690,000 |
| Income tax | -220,000 | -357,000 | -4,701,000 | 6,074,000 |
| Net income | 240,000 | 572,000 | -5,905,000 | -27,764,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 73,657,000 | 74,033,000 | 71,121,000 | 56,689,000 |
| Total capital | 94,720,000 | 95,095,000 | 80,050,000 | 65,196,000 |
| Risk-weighted assets | 717,606,000 | 716,718,000 | 705,801,000 | 666,984,000 |