Call reports 2010
EVOLVE BANK & TRUST — 2010
What EVOLVE BANK & TRUST 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 | 143,263,000 | 153,574,000 | 164,993,000 | 160,432,000 |
| Total loans | 88,068,000 | 101,750,000 | 120,123,000 | 116,445,000 |
| Allowance for loan losses | 776,000 | 859,000 | 1,154,000 | 1,298,000 |
| Securities available for sale | 39,486,000 | 37,670,000 | 31,461,000 | 29,750,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,048,000 | 116,739,000 | 112,821,000 | 118,872,000 |
| Interest-bearing deposits | 108,835,000 | 107,486,000 | 104,289,000 | 107,350,000 |
| Noninterest-bearing deposits | 9,213,000 | 9,253,000 | 8,532,000 | 11,522,000 |
| Equity capital | 14,874,000 | 15,516,000 | 16,096,000 | 16,563,000 |
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 | 1,887,000 | 3,853,000 | 5,882,000 | 7,814,000 |
| Interest expense | 425,000 | 853,000 | 1,298,000 | 1,729,000 |
| Net interest income | 1,462,000 | 3,000,000 | 4,584,000 | 6,085,000 |
| Noninterest income | 2,228,000 | 5,754,000 | 10,377,000 | 15,599,000 |
| Noninterest expense | 3,407,000 | 7,781,000 | 13,328,000 | 19,241,000 |
| Provision for loan losses | 110,000 | 200,000 | 500,000 | 650,000 |
| Pretax income | 259,000 | 859,000 | 1,218,000 | 1,878,000 |
| Income tax | 0 | 0 | 0 | 505,000 |
| Net income | 259,000 | 859,000 | 1,218,000 | 1,373,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,158,000 | 12,608,000 | 12,967,000 | 13,514,000 |
| Total capital | 12,934,000 | 13,467,000 | 14,122,000 | 14,812,000 |
| Risk-weighted assets | 95,991,000 | 104,633,000 | 111,100,000 | 111,028,000 |