Call reports 2011
FIRST RESOURCE BANK — 2011
What FIRST RESOURCE BANK 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 | 21,338,000 | 16,121,000 | 14,894,000 | 14,237,000 |
| Total loans | 8,671,000 | 8,119,000 | 7,596,000 | 7,167,000 |
| Allowance for loan losses | 120,000 | 121,000 | 121,000 | 122,000 |
| Securities available for sale | 303,000 | 251,000 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,678,000 | 6,080,000 | 4,954,000 | 4,577,000 |
| Interest-bearing deposits | 8,205,000 | 5,280,000 | 4,233,000 | 4,093,000 |
| Noninterest-bearing deposits | 1,473,000 | 800,000 | 721,000 | 484,000 |
| Equity capital | 10,094,000 | 9,989,000 | 9,879,000 | 9,630,000 |
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 | 155,000 | 364,000 | 554,000 | 705,000 |
| Interest expense | 45,000 | 72,000 | 87,000 | 99,000 |
| Net interest income | 110,000 | 292,000 | 467,000 | 606,000 |
| Noninterest income | 11,000 | 22,000 | 34,000 | 44,000 |
| Noninterest expense | 240,000 | 537,000 | 832,000 | 1,230,000 |
| Provision for loan losses | 0 | 0 | 0 | 0 |
| Pretax income | -119,000 | -223,000 | -335,000 | -584,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -119,000 | -223,000 | -335,000 | -584,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 9,732,000 | 9,630,000 | 9,519,000 | 9,268,000 |
| Total capital | 9,852,000 | 9,751,000 | 9,641,000 | 9,390,000 |
| Risk-weighted assets | 11,157,000 | 9,542,000 | 8,988,000 | 9,246,000 |