Call reports 2011
1ST CONSTITUTION BANK — 2011
What 1ST CONSTITUTION BANK 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 | 734,371,000 | 729,430,000 | 742,461,000 | 791,727,000 |
| Total loans | 328,673,000 | 346,839,000 | 436,284,000 | 494,665,000 |
| Allowance for loan losses | 5,750,000 | 5,870,000 | 5,508,000 | 5,534,000 |
| Securities available for sale | 111,749,000 | 110,824,000 | 95,031,000 | 89,286,000 |
| Securities held to maturity | 141,271,000 | 141,916,000 | 152,475,000 | 142,475,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 650,111,000 | 643,852,000 | 646,154,000 | 624,521,000 |
| Interest-bearing deposits | 537,674,000 | 530,888,000 | 489,331,000 | 519,051,000 |
| Noninterest-bearing deposits | 112,437,000 | 112,964,000 | 156,823,000 | 105,471,000 |
| Equity capital | 65,877,000 | 67,560,000 | 69,346,000 | 70,155,000 |
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 | 6,933,000 | 14,018,000 | 21,494,000 | 29,855,000 |
| Interest expense | 1,505,000 | 3,139,000 | 4,681,000 | 6,105,000 |
| Net interest income | 5,428,000 | 10,879,000 | 16,813,000 | 23,750,000 |
| Noninterest income | 1,313,000 | 2,557,000 | 4,027,000 | 5,526,000 |
| Noninterest expense | 4,951,000 | 10,210,000 | 15,210,000 | 20,815,000 |
| Provision for loan losses | 400,000 | 675,000 | 1,283,000 | 2,558,000 |
| Pretax income | 1,390,000 | 2,551,000 | 4,347,000 | 5,903,000 |
| Income tax | 426,000 | 602,000 | 1,128,000 | 1,523,000 |
| Net income | 964,000 | 1,949,000 | 3,219,000 | 4,380,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 59,833,000 | 60,673,000 | 62,133,000 | 63,499,000 |
| Total capital | 65,131,000 | 66,398,000 | 67,641,000 | 69,033,000 |
| Risk-weighted assets | 422,667,000 | 457,821,000 | 530,675,000 | 589,560,000 |