Call reports 2010
TRANSACT BANK, NATIONAL ASSOCIATION — 2010
What TRANSACT BANK, NATIONAL ASSOCIATION 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 | 50,520,000 | 50,697,000 | 57,780,000 | 52,739,000 |
| Total loans | 28,012,000 | 32,314,000 | 21,620,000 | 20,166,000 |
| Allowance for loan losses | 650,000 | 561,000 | 464,000 | 286,000 |
| Securities available for sale | 2,161,000 | 2,086,000 | 4,524,000 | 4,397,000 |
| Securities held to maturity | 2,510,000 | 2,008,000 | 508,000 | 507,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,987,000 | 42,193,000 | 49,283,000 | 44,321,000 |
| Interest-bearing deposits | 29,540,000 | 31,045,000 | 33,171,000 | 30,001,000 |
| Noninterest-bearing deposits | 12,447,000 | 11,148,000 | 16,112,000 | 14,320,000 |
| Equity capital | 7,563,000 | 7,539,000 | 7,500,000 | 7,436,000 |
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 | 533,000 | 990,000 | 1,451,000 | 1,874,000 |
| Interest expense | 53,000 | 98,000 | 139,000 | 169,000 |
| Net interest income | 480,000 | 892,000 | 1,312,000 | 1,705,000 |
| Noninterest income | 111,000 | 215,000 | 308,000 | 408,000 |
| Noninterest expense | 583,000 | 1,160,000 | 1,726,000 | 2,322,000 |
| Provision for loan losses | 250,000 | 250,000 | 250,000 | 250,000 |
| Pretax income | -242,000 | -303,000 | -356,000 | -459,000 |
| Income tax | -93,000 | -119,000 | -142,000 | -185,000 |
| Net income | -149,000 | -184,000 | -214,000 | -274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,701,000 | 4,708,000 | 4,720,000 | 4,703,000 |
| Total capital | 5,068,000 | 5,133,000 | 5,015,000 | 4,977,000 |
| Risk-weighted assets | 29,017,000 | 33,896,000 | 23,411,000 | 21,894,000 |