Call reports 2010
HANOVER COMMUNITY BANK — 2010
What HANOVER COMMUNITY 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 | 59,009,000 | 61,663,000 | 56,344,000 | 57,827,000 |
| Total loans | 39,305,000 | 35,670,000 | 37,112,000 | 37,827,000 |
| Allowance for loan losses | 521,000 | 654,000 | 752,000 | 790,000 |
| Securities available for sale | 13,579,000 | 15,321,000 | 13,285,000 | 9,259,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 48,647,000 | 51,651,000 | 45,965,000 | 48,480,000 |
| Interest-bearing deposits | 46,055,000 | 48,133,000 | 43,734,000 | 47,339,000 |
| Noninterest-bearing deposits | 2,592,000 | 3,518,000 | 2,231,000 | 1,141,000 |
| Equity capital | 7,246,000 | 7,005,000 | 7,193,000 | 6,379,000 |
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 | 889,000 | 1,793,000 | 2,593,000 | 3,392,000 |
| Interest expense | 361,000 | 660,000 | 960,000 | 1,240,000 |
| Net interest income | 528,000 | 1,133,000 | 1,633,000 | 2,152,000 |
| Noninterest income | 191,000 | 219,000 | 244,000 | 304,000 |
| Noninterest expense | 1,298,000 | 2,288,000 | 3,248,000 | 4,315,000 |
| Provision for loan losses | 238,000 | 371,000 | 469,000 | 554,000 |
| Pretax income | -559,000 | -1,026,000 | -1,557,000 | -2,090,000 |
| Income tax | 1,000 | 2,000 | 4,000 | 16,000 |
| Net income | -560,000 | -1,028,000 | -1,561,000 | -2,106,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,817,000 | 6,349,000 | 6,436,000 | 5,891,000 |
| Total capital | 7,253,000 | 6,784,000 | 6,885,000 | 6,338,000 |
| Risk-weighted assets | 34,756,000 | 34,824,000 | 35,137,000 | 35,397,000 |