Call reports 2009
SOLERA NATIONAL BANK — 2009
What SOLERA NATIONAL BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 87,392,000 | 96,382,000 | 132,405,000 | 132,870,000 |
| Total loans | 30,948,000 | 39,205,000 | 48,355,000 | 50,390,000 |
| Allowance for loan losses | 386,000 | 520,000 | 700,000 | 830,000 |
| Securities available for sale | 52,484,000 | 53,718,000 | 73,026,000 | 73,441,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 59,511,000 | 69,158,000 | 105,761,000 | 107,257,000 |
| Interest-bearing deposits | 54,340,000 | 63,521,000 | 101,415,000 | 104,633,000 |
| Noninterest-bearing deposits | 5,171,000 | 5,637,000 | 4,346,000 | 2,624,000 |
| Equity capital | 14,649,000 | 15,456,000 | 16,629,000 | 15,911,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 923,000 | 2,052,000 | 3,415,000 | 5,045,000 |
| Interest expense | 394,000 | 857,000 | 1,458,000 | 2,164,000 |
| Net interest income | 529,000 | 1,195,000 | 1,957,000 | 2,881,000 |
| Noninterest income | 73,000 | 144,000 | 224,000 | 252,000 |
| Noninterest expense | 946,000 | 2,042,000 | 3,033,000 | 3,985,000 |
| Provision for loan losses | 118,000 | 252,000 | 432,000 | 562,000 |
| Pretax income | -385,000 | -848,000 | -1,079,000 | -1,037,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -385,000 | -848,000 | -1,079,000 | -1,037,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,470,000 | 15,052,000 | 14,866,000 | 14,955,000 |
| Total capital | 14,856,000 | 15,572,000 | 15,566,000 | 15,785,000 |
| Risk-weighted assets | 49,143,000 | 57,890,000 | 75,153,000 | 76,052,000 |