Call reports 2010
MOUNTAIN COMMERCE BANK — 2010
What MOUNTAIN COMMERCE 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 | 330,464,000 | 333,053,000 | 351,672,000 | 342,719,000 |
| Total loans | 249,892,000 | 256,968,000 | 258,116,000 | 272,474,000 |
| Allowance for loan losses | 4,959,000 | 4,679,000 | 4,006,000 | 6,709,000 |
| Securities available for sale | 42,321,000 | 33,924,000 | 42,887,000 | 41,791,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 286,090,000 | 288,150,000 | 306,929,000 | 300,083,000 |
| Interest-bearing deposits | 262,205,000 | 263,240,000 | 279,761,000 | 271,775,000 |
| Noninterest-bearing deposits | 23,885,000 | 24,910,000 | 27,168,000 | 28,308,000 |
| Equity capital | 31,373,000 | 31,863,000 | 31,806,000 | 29,839,000 |
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 | 4,178,000 | 8,483,000 | 12,752,000 | 16,915,000 |
| Interest expense | 1,258,000 | 2,540,000 | 3,889,000 | 5,207,000 |
| Net interest income | 2,920,000 | 5,943,000 | 8,863,000 | 11,708,000 |
| Noninterest income | 258,000 | 404,000 | 766,000 | 1,079,000 |
| Noninterest expense | 2,677,000 | 5,391,000 | 8,126,000 | 11,007,000 |
| Provision for loan losses | 130,000 | 425,000 | 1,143,000 | 3,848,000 |
| Pretax income | 371,000 | 858,000 | 1,188,000 | -1,228,000 |
| Income tax | 141,000 | 326,000 | 453,000 | -472,000 |
| Net income | 230,000 | 532,000 | 735,000 | -756,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,005,000 | 30,416,000 | 30,704,000 | 26,782,000 |
| Total capital | 33,250,000 | 33,767,000 | 34,053,000 | 30,241,000 |
| Risk-weighted assets | 257,948,000 | 266,759,000 | 267,282,000 | 274,155,000 |