Call reports 2011
FLORIDA SHORES BANK-SOUTHWEST — 2011
What FLORIDA SHORES BANK-SOUTHWEST 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 | 281,861,000 | 287,783,000 | 298,938,000 | 317,112,000 |
| Total loans | 127,650,000 | 134,225,000 | 143,924,000 | 156,023,000 |
| Allowance for loan losses | 1,900,000 | 2,015,000 | 2,160,000 | 3,178,000 |
| Securities available for sale | 135,093,000 | 127,764,000 | 122,432,000 | 140,563,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 255,739,000 | 261,155,000 | 264,301,000 | 283,241,000 |
| Interest-bearing deposits | 237,775,000 | 243,352,000 | 247,153,000 | 262,779,000 |
| Noninterest-bearing deposits | 17,965,000 | 17,804,000 | 17,148,000 | 20,461,000 |
| Equity capital | 23,805,000 | 26,237,000 | 34,137,000 | 33,486,000 |
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 | 2,454,000 | 5,105,000 | 7,851,000 | 10,609,000 |
| Interest expense | 566,000 | 1,148,000 | 1,689,000 | 2,217,000 |
| Net interest income | 1,888,000 | 3,957,000 | 6,162,000 | 8,392,000 |
| Noninterest income | 167,000 | 191,000 | 239,000 | 276,000 |
| Noninterest expense | 1,607,000 | 3,287,000 | 5,038,000 | 6,770,000 |
| Provision for loan losses | 199,000 | 344,000 | 675,000 | 1,709,000 |
| Pretax income | 249,000 | 529,000 | 1,007,000 | 596,000 |
| Income tax | 0 | 0 | 0 | -783,000 |
| Net income | 249,000 | 529,000 | 1,007,000 | 1,379,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,512,000 | 24,819,000 | 32,036,000 | 31,903,000 |
| Total capital | 26,412,000 | 26,834,000 | 34,086,000 | 34,178,000 |
| Risk-weighted assets | 161,523,000 | 168,478,000 | 163,931,000 | 181,208,000 |