Call reports 2010
GORDON BANK, THE — 2010
What GORDON BANK, THE 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 | 31,750,000 | 29,449,000 | 29,259,000 |
| Total loans | 17,401,000 | 16,122,000 | 14,378,000 |
| Allowance for loan losses | 898,000 | 737,000 | 654,000 |
| Securities available for sale | 0 | 0 | 0 |
| Securities held to maturity | 2,894,000 | 2,536,000 | 1,881,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 27,751,000 | 26,698,000 | 26,867,000 |
| Interest-bearing deposits | 20,880,000 | 20,898,000 | 20,604,000 |
| Noninterest-bearing deposits | 6,871,000 | 5,800,000 | 6,263,000 |
| Equity capital | 1,931,000 | 670,000 | 310,000 |
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 | 256,000 | 487,000 | 686,000 |
| Interest expense | 81,000 | 156,000 | 222,000 |
| Net interest income | 175,000 | 331,000 | 464,000 |
| Noninterest income | 99,000 | -593,000 | -491,000 |
| Noninterest expense | 312,000 | 692,000 | 1,097,000 |
| Provision for loan losses | 0 | 344,000 | 534,000 |
| Pretax income | -38,000 | -1,298,000 | -1,658,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -38,000 | -1,298,000 | -1,658,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Tier 1 capital | 1,581,000 | 320,000 | -40,000 |
| Total capital | 1,819,000 | 522,000 | -40,000 |
| Risk-weighted assets | 18,340,000 | 15,587,000 | 14,336,000 |