Call reports 2011
REPUBLIC FIRST BANK DBA REPUBLIC BANK — 2011
What REPUBLIC FIRST BANK DBA REPUBLIC 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 | 874,524,000 | 898,201,000 | 949,970,000 | 1,044,371,000 |
| Total loans | 636,966,000 | 645,215,000 | 635,026,000 | 590,417,000 |
| Allowance for loan losses | 14,450,000 | 15,108,000 | 12,380,000 | 12,050,000 |
| Securities available for sale | 139,637,000 | 162,222,000 | 154,259,000 | 174,323,000 |
| Securities held to maturity | 118,000 | 119,000 | 119,000 | 120,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 763,731,000 | 785,489,000 | 835,411,000 | 954,671,000 |
| Interest-bearing deposits | 720,218,000 | 720,369,000 | 769,424,000 | 884,986,000 |
| Noninterest-bearing deposits | 43,513,000 | 65,120,000 | 65,987,000 | 69,685,000 |
| Equity capital | 104,476,000 | 105,393,000 | 106,667,000 | 83,343,000 |
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 | 9,365,000 | 19,062,000 | 28,815,000 | 38,463,000 |
| Interest expense | 1,636,000 | 3,489,000 | 5,297,000 | 7,082,000 |
| Net interest income | 7,729,000 | 15,573,000 | 23,518,000 | 31,381,000 |
| Noninterest income | 1,088,000 | 3,117,000 | 6,438,000 | 9,759,000 |
| Noninterest expense | 8,926,000 | 17,871,000 | 26,909,000 | 40,911,000 |
| Provision for loan losses | 3,550,000 | 5,050,000 | 5,666,000 | 15,966,000 |
| Pretax income | -3,659,000 | -4,233,000 | -2,021,000 | -15,139,000 |
| Income tax | -1,444,000 | -1,756,000 | -1,128,000 | 8,597,000 |
| Net income | -2,215,000 | -2,477,000 | -893,000 | -23,736,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 94,023,000 | 94,778,000 | 96,202,000 | 82,704,000 |
| Total capital | 103,328,000 | 104,169,000 | 105,854,000 | 91,622,000 |
| Risk-weighted assets | 739,290,000 | 754,054,000 | 769,408,000 | 710,327,000 |