Call reports 2012
FLORIDA SHORES BANK-SOUTHWEST — 2012
What FLORIDA SHORES BANK-SOUTHWEST reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 344,065,000 | 348,286,000 | 346,092,000 | 360,094,000 |
| Total loans | 155,705,000 | 175,397,000 | 181,602,000 | 190,269,000 |
| Allowance for loan losses | 2,066,000 | 2,451,000 | 2,842,000 | 3,125,000 |
| Securities available for sale | 157,822,000 | 148,657,000 | 130,350,000 | 138,584,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 310,121,000 | 312,951,000 | 309,229,000 | 323,350,000 |
| Interest-bearing deposits | 285,756,000 | 289,327,000 | 285,865,000 | 297,225,000 |
| Noninterest-bearing deposits | 24,364,000 | 23,623,000 | 23,364,000 | 26,124,000 |
| Equity capital | 33,579,000 | 34,830,000 | 35,778,000 | 35,658,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 2,895,000 | 5,956,000 | 9,099,000 | 12,242,000 |
| Interest expense | 501,000 | 923,000 | 1,326,000 | 1,714,000 |
| Net interest income | 2,394,000 | 5,033,000 | 7,773,000 | 10,528,000 |
| Noninterest income | 80,000 | 147,000 | 669,000 | 806,000 |
| Noninterest expense | 1,875,000 | 3,636,000 | 5,524,000 | 7,701,000 |
| Provision for loan losses | 687,000 | 1,072,000 | 2,136,000 | 2,315,000 |
| Pretax income | 246,000 | 1,006,000 | 1,560,000 | 2,356,000 |
| Income tax | 78,000 | 345,000 | 534,000 | 796,000 |
| Net income | 168,000 | 661,000 | 1,026,000 | 1,560,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 32,000,000 | 32,983,000 | 33,434,000 | 33,970,000 |
| Total capital | 34,065,000 | 35,434,000 | 36,056,000 | 36,710,000 |
| Risk-weighted assets | 186,272,000 | 196,890,000 | 209,370,000 | 219,019,000 |