Call reports 2009
CHOICE FINANCIAL GROUP — 2009
What CHOICE FINANCIAL GROUP 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 | 537,361,000 | 545,253,000 | 561,477,000 | 545,135,000 |
| Total loans | 457,207,000 | 463,739,000 | 473,762,000 | 438,784,000 |
| Allowance for loan losses | 4,927,000 | 6,773,000 | 6,733,000 | 5,684,000 |
| Securities available for sale | 55,211,000 | 58,905,000 | 62,585,000 | 60,859,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 442,821,000 | 453,399,000 | 470,979,000 | 469,240,000 |
| Interest-bearing deposits | 400,567,000 | 413,327,000 | 425,986,000 | 410,515,000 |
| Noninterest-bearing deposits | 42,254,000 | 40,072,000 | 44,993,000 | 58,725,000 |
| Equity capital | 50,308,000 | 50,327,000 | 53,869,000 | 47,571,000 |
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 | 7,586,000 | 15,249,000 | 22,660,000 | 30,166,000 |
| Interest expense | 3,358,000 | 6,463,000 | 9,459,000 | 12,268,000 |
| Net interest income | 4,228,000 | 8,786,000 | 13,201,000 | 17,898,000 |
| Noninterest income | 1,324,000 | 2,565,000 | 4,306,000 | 5,254,000 |
| Noninterest expense | 3,260,000 | 6,621,000 | 10,057,000 | 13,331,000 |
| Provision for loan losses | 145,000 | 2,180,000 | 2,180,000 | 17,011,000 |
| Pretax income | 2,146,000 | 2,549,000 | 5,276,000 | -7,184,000 |
| Income tax | 145,000 | 307,000 | 356,000 | -488,000 |
| Net income | 2,001,000 | 2,242,000 | 4,920,000 | -6,696,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,306,000 | 48,525,000 | 51,180,000 | 44,865,000 |
| Total capital | 53,233,000 | 54,614,000 | 57,364,000 | 50,549,000 |
| Risk-weighted assets | 482,740,000 | 486,848,000 | 494,643,000 | 457,601,000 |