Call reports 2011
BEACH BANK — 2011
What BEACH BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 633,981,000 | 635,382,000 | 629,190,000 | 609,694,000 |
| Total loans | 471,388,000 | 471,447,000 | 461,380,000 | 460,209,000 |
| Allowance for loan losses | 8,675,000 | 10,412,000 | 8,174,000 | 8,052,000 |
| Securities available for sale | 77,976,000 | 82,075,000 | 78,592,000 | 74,438,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 546,383,000 | 548,539,000 | 547,286,000 | 531,486,000 |
| Interest-bearing deposits | 521,810,000 | 523,744,000 | 524,213,000 | 508,124,000 |
| Noninterest-bearing deposits | 24,573,000 | 24,795,000 | 23,073,000 | 23,362,000 |
| Equity capital | 41,095,000 | 42,487,000 | 39,949,000 | 37,996,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 5,505,000 | 11,111,000 | 16,825,000 | 21,891,000 |
| Interest expense | 2,464,000 | 4,874,000 | 7,258,000 | 9,523,000 |
| Net interest income | 3,041,000 | 6,237,000 | 9,567,000 | 12,368,000 |
| Noninterest income | 805,000 | 2,446,000 | 3,978,000 | 3,054,000 |
| Noninterest expense | 5,100,000 | 9,160,000 | 14,509,000 | 17,202,000 |
| Provision for loan losses | 1,124,000 | 1,124,000 | 3,321,000 | 3,361,000 |
| Pretax income | -2,378,000 | -1,603,000 | -4,287,000 | -5,143,000 |
| Income tax | 0 | 0 | 0 | 925,000 |
| Net income | -2,378,000 | -1,603,000 | -4,287,000 | -6,068,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,225,000 | 37,373,000 | 34,777,000 | 33,817,000 |
| Total capital | 42,347,000 | 43,497,000 | 40,841,000 | 39,885,000 |
| Risk-weighted assets | 487,182,000 | 485,653,000 | 483,003,000 | 483,433,000 |