Call reports 2006
FLORIDIAN BANK — 2006
What FLORIDIAN BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 19,944,000 | 38,215,000 | 41,246,000 | 50,855,000 |
| Total loans | 60,000 | 12,185,000 | 21,614,000 | 32,503,000 |
| Allowance for loan losses | 0 | 210,000 | 340,000 | 480,000 |
| Securities available for sale | 9,430,000 | 9,427,000 | 9,489,000 | 6,993,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 3,105,000 | 21,595,000 | 24,763,000 | 34,222,000 |
| Interest-bearing deposits | 2,590,000 | 20,209,000 | 20,894,000 | 29,049,000 |
| Noninterest-bearing deposits | 515,000 | 1,386,000 | 3,869,000 | 5,173,000 |
| Equity capital | 16,837,000 | 16,519,000 | 16,403,000 | 16,568,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 89,000 | 425,000 | 1,081,000 | 1,828,000 |
| Interest expense | 7,000 | 82,000 | 322,000 | 583,000 |
| Net interest income | 82,000 | 343,000 | 759,000 | 1,245,000 |
| Noninterest income | 0 | 14,000 | 68,000 | 91,000 |
| Noninterest expense | 323,000 | 847,000 | 1,402,000 | 1,936,000 |
| Provision for loan losses | 0 | 210,000 | 340,000 | 480,000 |
| Pretax income | -241,000 | -700,000 | -915,000 | -1,080,000 |
| Income tax | 0 | -156,000 | -229,000 | -553,000 |
| Net income | -241,000 | -544,000 | -686,000 | -527,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,844,000 | 16,545,000 | 16,409,000 | 16,573,000 |
| Total capital | 16,844,000 | 16,755,000 | 16,749,000 | 17,053,000 |
| Risk-weighted assets | 4,967,000 | 19,156,000 | 28,611,000 | 40,665,000 |