Call reports 2010
PROFESSIONAL BANK — 2010
What PROFESSIONAL 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 | 87,913,000 | 98,842,000 | 104,849,000 | 115,012,000 |
| Total loans | 48,167,000 | 54,921,000 | 62,547,000 | 72,799,000 |
| Allowance for loan losses | 701,000 | 821,000 | 1,132,000 | 1,433,000 |
| Securities available for sale | 24,020,000 | 30,265,000 | 29,348,000 | 28,222,000 |
| Securities held to maturity | 6,080,000 | 5,930,000 | 2,780,000 | 2,736,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 74,009,000 | 85,365,000 | 80,742,000 | 91,536,000 |
| Interest-bearing deposits | 60,011,000 | 66,606,000 | 63,758,000 | 71,977,000 |
| Noninterest-bearing deposits | 13,998,000 | 18,759,000 | 16,984,000 | 19,559,000 |
| Equity capital | 13,571,000 | 13,157,000 | 13,651,000 | 13,021,000 |
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 | 840,000 | 1,816,000 | 2,843,000 | 3,984,000 |
| Interest expense | 236,000 | 501,000 | 725,000 | 942,000 |
| Net interest income | 604,000 | 1,315,000 | 2,118,000 | 3,042,000 |
| Noninterest income | 12,000 | 31,000 | 49,000 | 70,000 |
| Noninterest expense | 914,000 | 2,114,000 | 3,283,000 | 4,381,000 |
| Provision for loan losses | 105,000 | 225,000 | 536,000 | 871,000 |
| Pretax income | -403,000 | -993,000 | -1,571,000 | -2,059,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -403,000 | -993,000 | -1,571,000 | -2,059,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,602,000 | 13,099,000 | 13,613,000 | 13,152,000 |
| Total capital | 14,212,000 | 13,875,000 | 14,518,000 | 14,094,000 |
| Risk-weighted assets | 51,395,000 | 61,936,000 | 72,057,000 | 74,717,000 |