Call reports 2010
CORRIDOR STATE BANK — 2010
What CORRIDOR STATE 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 |
|---|---|---|---|
| Total assets | 71,965,000 | 66,054,000 | 58,395,000 |
| Total loans | 56,473,000 | 52,158,000 | 47,256,000 |
| Allowance for loan losses | 1,169,000 | 1,219,000 | 1,174,000 |
| Securities available for sale | 1,114,000 | 1,124,000 | 1,136,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 63,318,000 | 57,705,000 | 51,032,000 |
| Interest-bearing deposits | 61,607,000 | 54,950,000 | 49,245,000 |
| Noninterest-bearing deposits | 1,711,000 | 2,755,000 | 1,787,000 |
| Equity capital | 5,269,000 | 5,273,000 | 4,466,000 |
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 |
|---|---|---|---|
| Interest income | 924,000 | 1,898,000 | 2,787,000 |
| Interest expense | 416,000 | 799,000 | 1,125,000 |
| Net interest income | 508,000 | 1,099,000 | 1,662,000 |
| Noninterest income | 13,000 | -63,000 | -73,000 |
| Noninterest expense | 505,000 | 978,000 | 1,518,000 |
| Provision for loan losses | 467,000 | 512,000 | 1,342,000 |
| Pretax income | -451,000 | -454,000 | -1,271,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -451,000 | -454,000 | -1,271,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Tier 1 capital | 5,269,000 | 5,273,000 | 4,453,000 |
| Total capital | 5,985,000 | 5,924,000 | 5,044,000 |
| Risk-weighted assets | 56,821,000 | 51,527,000 | 46,685,000 |