Call reports 2010
PREMIER COMMERCIAL BANK — 2010
What PREMIER COMMERCIAL 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 | 83,702,000 | 89,912,000 | 95,210,000 | 101,274,000 |
| Total loans | 52,328,000 | 60,260,000 | 62,090,000 | 67,058,000 |
| Allowance for loan losses | 681,000 | 784,000 | 809,000 | 873,000 |
| Securities available for sale | 20,097,000 | 18,291,000 | 19,241,000 | 21,520,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 195,000 | 280,000 | 330,000 | 255,000 |
| Total deposits | 62,198,000 | 68,302,000 | 73,791,000 | 78,704,000 |
| Interest-bearing deposits | 57,306,000 | 63,285,000 | 66,947,000 | 70,996,000 |
| Noninterest-bearing deposits | 4,892,000 | 5,017,000 | 6,844,000 | 7,708,000 |
| Equity capital | 16,075,000 | 16,044,000 | 15,604,000 | 15,244,000 |
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 | 827,000 | 1,714,000 | 2,672,000 | 3,660,000 |
| Interest expense | 283,000 | 559,000 | 832,000 | 1,115,000 |
| Net interest income | 544,000 | 1,155,000 | 1,840,000 | 2,545,000 |
| Noninterest income | 7,000 | 16,000 | 33,000 | 100,000 |
| Noninterest expense | 797,000 | 1,575,000 | 2,402,000 | 3,296,000 |
| Provision for loan losses | 24,000 | 127,000 | 437,000 | 501,000 |
| Pretax income | -270,000 | -531,000 | -966,000 | -1,150,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -270,000 | -531,000 | -966,000 | -1,150,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,674,000 | 15,459,000 | 15,071,000 | 14,934,000 |
| Total capital | 16,355,000 | 16,243,000 | 15,878,000 | 15,807,000 |
| Risk-weighted assets | 60,393,000 | 70,412,000 | 70,083,000 | 76,951,000 |