Call reports 2009
PROFESSIONAL BUSINESS BANK — 2009
What PROFESSIONAL BUSINESS BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 19,575,000 | 28,092,000 | 32,634,000 | 45,879,000 |
| Total loans | 0 | 2,587,000 | 10,125,000 | 16,872,000 |
| Allowance for loan losses | 0 | 39,000 | 153,000 | 254,000 |
| Securities available for sale | 8,066,000 | 8,083,000 | 7,085,000 | 7,063,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,477,000 | 10,528,000 | 15,722,000 | 29,534,000 |
| Interest-bearing deposits | 1,034,000 | 8,412,000 | 12,012,000 | 25,028,000 |
| Noninterest-bearing deposits | 444,000 | 2,116,000 | 3,710,000 | 4,507,000 |
| Equity capital | 17,818,000 | 17,135,000 | 16,428,000 | 15,785,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 48,000 | 93,000 | 254,000 | 523,000 |
| Interest expense | 42,000 | 65,000 | 109,000 | 181,000 |
| Net interest income | 6,000 | 28,000 | 145,000 | 342,000 |
| Noninterest income | 2,000 | 11,000 | 8,000 | 14,000 |
| Noninterest expense | 2,707,000 | 3,427,000 | 4,168,000 | 4,902,000 |
| Provision for loan losses | 0 | 39,000 | 153,000 | 274,000 |
| Pretax income | -2,687,000 | -3,415,000 | -4,156,000 | -4,808,000 |
| Income tax | 2,000 | 3,000 | 3,000 | 3,000 |
| Net income | -2,689,000 | -3,418,000 | -4,159,000 | -4,811,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 17,817,000 | 17,106,000 | 16,384,000 | 15,750,000 |
| Total capital | 17,817,000 | 17,145,000 | 16,549,000 | 16,041,000 |
| Risk-weighted assets | 4,635,000 | 8,489,000 | 15,592,000 | 25,276,000 |