Call reports 2009
FIRST MOUNTAIN BANK — 2009
What FIRST MOUNTAIN BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 145,575,000 | 138,050,000 | 137,262,000 | 137,720,000 |
| Total loans | 112,445,000 | 113,301,000 | 110,179,000 | 107,630,000 |
| Allowance for loan losses | 1,972,000 | 2,263,000 | 3,195,000 | 3,759,000 |
| Securities available for sale | 9,503,000 | 8,874,000 | 8,462,000 | 6,981,000 |
| Securities held to maturity | 2,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 127,816,000 | 120,563,000 | 121,056,000 | 122,125,000 |
| Interest-bearing deposits | 88,094,000 | 85,864,000 | 85,114,000 | 84,561,000 |
| Noninterest-bearing deposits | 39,722,000 | 34,699,000 | 35,942,000 | 37,564,000 |
| Equity capital | 16,874,000 | 16,682,000 | 15,393,000 | 14,789,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 2,095,000 | 4,125,000 | 6,039,000 | 7,881,000 |
| Interest expense | 400,000 | 732,000 | 1,012,000 | 1,257,000 |
| Net interest income | 1,695,000 | 3,393,000 | 5,027,000 | 6,624,000 |
| Noninterest income | 276,000 | 529,000 | 779,000 | 716,000 |
| Noninterest expense | 1,545,000 | 3,114,000 | 4,831,000 | 6,389,000 |
| Provision for loan losses | 272,000 | 970,000 | 3,410,000 | 4,470,000 |
| Pretax income | 154,000 | -162,000 | -2,435,000 | -3,519,000 |
| Income tax | 39,000 | -113,000 | -1,067,000 | -1,554,000 |
| Net income | 115,000 | -49,000 | -1,368,000 | -1,965,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,723,000 | 16,530,000 | 13,772,000 | 14,067,000 |
| Total capital | 18,293,000 | 18,094,000 | 15,308,000 | 15,582,000 |
| Risk-weighted assets | 125,157,000 | 124,906,000 | 121,131,000 | 118,940,000 |