Call reports 2010
REPUBLIC FIRST BANK DBA REPUBLIC BANK — 2010
What REPUBLIC FIRST BANK DBA REPUBLIC 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 | 965,070,000 | 931,850,000 | 944,180,000 | 873,601,000 |
| Total loans | 679,436,000 | 669,088,000 | 635,960,000 | 620,355,000 |
| Allowance for loan losses | 13,725,000 | 10,276,000 | 10,889,000 | 11,444,000 |
| Securities available for sale | 176,418,000 | 173,508,000 | 149,561,000 | 143,438,000 |
| Securities held to maturity | 116,000 | 116,000 | 117,000 | 118,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 857,957,000 | 820,099,000 | 835,786,000 | 768,455,000 |
| Interest-bearing deposits | 777,449,000 | 727,494,000 | 769,740,000 | 719,744,000 |
| Noninterest-bearing deposits | 80,508,000 | 92,605,000 | 66,046,000 | 48,711,000 |
| Equity capital | 74,230,000 | 94,730,000 | 100,340,000 | 98,243,000 |
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 | 10,492,000 | 20,822,000 | 31,239,000 | 40,713,000 |
| Interest expense | 2,748,000 | 5,192,000 | 7,258,000 | 9,126,000 |
| Net interest income | 7,744,000 | 15,630,000 | 23,981,000 | 31,587,000 |
| Noninterest income | 559,000 | 932,000 | 1,297,000 | 1,520,000 |
| Noninterest expense | 8,372,000 | 16,267,000 | 23,927,000 | 32,859,000 |
| Provision for loan losses | 5,500,000 | 16,250,000 | 16,950,000 | 16,600,000 |
| Pretax income | -5,718,000 | -16,327,000 | -15,971,000 | -15,470,000 |
| Income tax | -2,159,000 | -6,042,000 | -6,086,000 | -6,074,000 |
| Net income | -3,559,000 | -10,285,000 | -9,885,000 | -9,396,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 69,467,000 | 84,531,000 | 89,263,000 | 88,513,000 |
| Total capital | 79,422,000 | 94,289,000 | 98,614,000 | 97,570,000 |
| Risk-weighted assets | 792,661,000 | 780,146,000 | 746,511,000 | 722,185,000 |