Call reports 2009
BEACH BANK — 2009
What BEACH 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 | 691,590,000 | 683,762,000 | 693,334,000 | 704,892,000 |
| Total loans | 490,738,000 | 495,517,000 | 500,398,000 | 495,824,000 |
| Allowance for loan losses | 6,250,000 | 7,171,000 | 6,400,000 | 6,889,000 |
| Securities available for sale | 138,450,000 | 129,478,000 | 128,508,000 | 94,203,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 601,045,000 | 592,295,000 | 602,505,000 | 616,304,000 |
| Interest-bearing deposits | 582,696,000 | 568,968,000 | 579,819,000 | 594,907,000 |
| Noninterest-bearing deposits | 18,349,000 | 23,327,000 | 22,686,000 | 21,397,000 |
| Equity capital | 57,115,000 | 53,106,000 | 53,879,000 | 53,155,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 8,504,000 | 16,374,000 | 24,172,000 | 31,011,000 |
| Interest expense | 5,072,000 | 9,900,000 | 14,362,000 | 18,422,000 |
| Net interest income | 3,432,000 | 6,474,000 | 9,810,000 | 12,589,000 |
| Noninterest income | 649,000 | 1,037,000 | 1,838,000 | 2,546,000 |
| Noninterest expense | 4,282,000 | 10,041,000 | 14,811,000 | 20,250,000 |
| Provision for loan losses | 902,000 | 4,543,000 | 4,898,000 | 8,498,000 |
| Pretax income | -742,000 | -4,147,000 | -5,135,000 | -10,633,000 |
| Income tax | -279,000 | -1,892,000 | -2,210,000 | -3,541,000 |
| Net income | -463,000 | -2,259,000 | -2,930,000 | -7,118,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,189,000 | 53,397,000 | 52,722,000 | 51,497,000 |
| Total capital | 61,439,000 | 59,937,000 | 59,122,000 | 57,942,000 |
| Risk-weighted assets | 536,898,000 | 522,534,000 | 530,764,000 | 515,141,000 |