Call reports 2011
CHOICE FINANCIAL GROUP — 2011
What CHOICE FINANCIAL GROUP reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 583,312,000 | 566,887,000 | 571,657,000 | 593,779,000 |
| Total loans | 447,962,000 | 467,078,000 | 466,765,000 | 476,179,000 |
| Allowance for loan losses | 6,036,000 | 6,937,000 | 5,909,000 | 4,739,000 |
| Securities available for sale | 71,444,000 | 75,712,000 | 76,818,000 | 81,847,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 505,433,000 | 480,315,000 | 484,190,000 | 512,956,000 |
| Interest-bearing deposits | 438,037,000 | 413,366,000 | 410,285,000 | 414,675,000 |
| Noninterest-bearing deposits | 67,396,000 | 66,949,000 | 73,905,000 | 98,281,000 |
| Equity capital | 51,526,000 | 54,200,000 | 57,286,000 | 59,564,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 6,992,000 | 14,041,000 | 21,642,000 | 29,012,000 |
| Interest expense | 1,924,000 | 3,637,000 | 5,241,000 | 6,686,000 |
| Net interest income | 5,068,000 | 10,404,000 | 16,401,000 | 22,326,000 |
| Noninterest income | 1,211,000 | 2,399,000 | 3,767,000 | 4,967,000 |
| Noninterest expense | 3,349,000 | 6,892,000 | 10,635,000 | 14,796,000 |
| Provision for loan losses | 2,250,000 | 3,000,000 | 3,950,000 | 3,950,000 |
| Pretax income | 680,000 | 2,923,000 | 5,595,000 | 8,561,000 |
| Income tax | -12,000 | 139,000 | 252,000 | 432,000 |
| Net income | 692,000 | 2,784,000 | 5,343,000 | 8,129,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 48,747,000 | 50,840,000 | 53,401,000 | 55,721,000 |
| Total capital | 54,641,000 | 56,937,000 | 59,320,000 | 60,469,000 |
| Risk-weighted assets | 469,806,000 | 485,282,000 | 482,809,000 | 499,274,000 |