Call reports 2010
FIRST CHOICE COMMUNITY BANK — 2010
What FIRST CHOICE COMMUNITY 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 | 361,615,000 | 340,096,000 | 342,106,000 | 308,453,000 |
| Total loans | 296,264,000 | 284,745,000 | 278,535,000 | 261,849,000 |
| Allowance for loan losses | 8,736,000 | 7,462,000 | 6,555,000 | 17,127,000 |
| Securities available for sale | 3,383,000 | 10,248,000 | 21,880,000 | 18,319,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 325,617,000 | 320,051,000 | 322,957,000 | 310,004,000 |
| Interest-bearing deposits | 307,477,000 | 303,336,000 | 306,488,000 | 293,609,000 |
| Noninterest-bearing deposits | 18,140,000 | 16,715,000 | 16,469,000 | 16,394,000 |
| Equity capital | 31,032,000 | 13,253,000 | 13,400,000 | -7,589,000 |
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 | 4,111,000 | 7,836,000 | 11,728,000 | 14,941,000 |
| Interest expense | 1,711,000 | 3,341,000 | 4,860,000 | 6,216,000 |
| Net interest income | 2,400,000 | 4,495,000 | 6,868,000 | 8,725,000 |
| Noninterest income | -1,676,000 | -3,126,000 | -2,896,000 | -3,541,000 |
| Noninterest expense | 2,302,000 | 5,558,000 | 7,835,000 | 10,273,000 |
| Provision for loan losses | 4,180,000 | 13,841,000 | 14,165,000 | 33,815,000 |
| Pretax income | -5,758,000 | -18,030,000 | -18,028,000 | -38,884,000 |
| Income tax | -1,983,000 | 3,546,000 | 3,546,000 | 3,546,000 |
| Net income | -3,775,000 | -21,576,000 | -21,574,000 | -42,430,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 26,913,000 | 12,904,000 | 12,928,000 | -7,908,000 |
| Total capital | 30,992,000 | 16,781,000 | 16,648,000 | -7,908,000 |
| Risk-weighted assets | 321,684,000 | 306,571,000 | 294,766,000 | 267,095,000 |