Call reports 2010
BEACH BANK — 2010
What BEACH 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 | 2010Q4 |
|---|---|---|---|---|
| Total assets | 686,340,000 | 662,550,000 | 667,236,000 | 631,433,000 |
| Total loans | 491,227,000 | 493,934,000 | 492,493,000 | 478,980,000 |
| Allowance for loan losses | 6,644,000 | 10,071,000 | 8,230,000 | 8,425,000 |
| Securities available for sale | 132,284,000 | 105,386,000 | 100,745,000 | 57,667,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 597,586,000 | 567,359,000 | 577,974,000 | 547,846,000 |
| Interest-bearing deposits | 577,552,000 | 540,574,000 | 550,811,000 | 522,792,000 |
| Noninterest-bearing deposits | 20,034,000 | 26,785,000 | 27,163,000 | 25,054,000 |
| Equity capital | 51,488,000 | 48,507,000 | 48,717,000 | 43,512,000 |
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 | 2010Q4 |
|---|---|---|---|---|
| Interest income | 6,884,000 | 13,836,000 | 20,455,000 | 26,608,000 |
| Interest expense | 3,645,000 | 6,982,000 | 10,072,000 | 12,906,000 |
| Net interest income | 3,239,000 | 6,854,000 | 10,383,000 | 13,702,000 |
| Noninterest income | 726,000 | 1,576,000 | 2,571,000 | 3,567,000 |
| Noninterest expense | 4,953,000 | 10,769,000 | 15,843,000 | 20,763,000 |
| Provision for loan losses | 1,048,000 | 5,725,000 | 5,725,000 | 8,047,000 |
| Pretax income | -1,601,000 | -7,581,000 | -8,137,000 | -10,151,000 |
| Income tax | -625,000 | -2,853,000 | -3,062,000 | -720,000 |
| Net income | -976,000 | -4,728,000 | -5,075,000 | -9,431,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,790,000 | 41,276,000 | 41,045,000 | 38,627,000 |
| Total capital | 53,174,000 | 47,720,000 | 47,546,000 | 44,792,000 |
| Risk-weighted assets | 510,465,000 | 511,871,000 | 518,335,000 | 490,920,000 |