Call reports 2010
FOUNDATION BANK — 2010
What FOUNDATION 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 | 472,998,000 | 439,665,000 | 434,914,000 | 367,182,000 |
| Total loans | 341,027,000 | 330,752,000 | 323,910,000 | 306,278,000 |
| Allowance for loan losses | 15,359,000 | 17,567,000 | 17,604,000 | 19,377,000 |
| Securities available for sale | 43,860,000 | 41,834,000 | 41,985,000 | 40,980,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 424,670,000 | 394,239,000 | 389,680,000 | 328,778,000 |
| Interest-bearing deposits | 358,940,000 | 331,649,000 | 351,774,000 | 286,255,000 |
| Noninterest-bearing deposits | 65,730,000 | 62,590,000 | 37,906,000 | 42,523,000 |
| Equity capital | 39,529,000 | 36,149,000 | 35,607,000 | 31,226,000 |
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 | 5,567,000 | 10,849,000 | 15,447,000 | 20,105,000 |
| Interest expense | 1,548,000 | 2,997,000 | 4,334,000 | 5,425,000 |
| Net interest income | 4,019,000 | 7,852,000 | 11,113,000 | 14,680,000 |
| Noninterest income | 148,000 | -96,000 | -252,000 | -1,154,000 |
| Noninterest expense | 2,895,000 | 5,916,000 | 8,679,000 | 11,831,000 |
| Provision for loan losses | 8,600,000 | 12,000,000 | 14,200,000 | 18,258,000 |
| Pretax income | -7,328,000 | -10,268,000 | -12,126,000 | -16,671,000 |
| Income tax | -2,565,000 | -1,873,000 | -2,349,000 | -2,380,000 |
| Net income | -4,763,000 | -8,395,000 | -9,777,000 | -14,291,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,393,000 | 35,761,000 | 35,377,000 | 30,864,000 |
| Total capital | 43,951,000 | 40,123,000 | 39,661,000 | 34,890,000 |
| Risk-weighted assets | 353,679,000 | 335,589,000 | 329,188,000 | 306,498,000 |