Call reports 2010
FIRST RESOURCE BANK — 2010
What FIRST RESOURCE 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 | 17,813,000 | 18,738,000 | 16,614,000 | 24,855,000 |
| Total loans | 13,139,000 | 12,317,000 | 11,518,000 | 9,413,000 |
| Allowance for loan losses | 419,000 | 575,000 | 428,000 | 130,000 |
| Securities available for sale | 750,000 | 759,000 | 306,000 | 304,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,417,000 | 16,606,000 | 14,634,000 | 13,066,000 |
| Interest-bearing deposits | 13,811,000 | 15,519,000 | 13,481,000 | 11,967,000 |
| Noninterest-bearing deposits | 1,606,000 | 1,087,000 | 1,153,000 | 1,099,000 |
| Equity capital | 819,000 | 553,000 | 409,000 | 10,213,000 |
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 | 220,000 | 431,000 | 628,000 | 167,000 |
| Interest expense | 94,000 | 168,000 | 232,000 | 48,000 |
| Net interest income | 126,000 | 263,000 | 396,000 | 119,000 |
| Noninterest income | 48,000 | 51,000 | 64,000 | 15,000 |
| Noninterest expense | 288,000 | 562,000 | 849,000 | 234,000 |
| Provision for loan losses | 115,000 | 255,000 | 255,000 | 130,000 |
| Pretax income | -229,000 | -503,000 | -644,000 | -230,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -229,000 | -503,000 | -644,000 | -230,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 824,000 | 549,000 | 408,000 | 9,851,000 |
| Total capital | 1,029,000 | 740,000 | 584,000 | 9,981,000 |
| Risk-weighted assets | 16,167,000 | 14,921,000 | 13,824,000 | 13,949,000 |