Call reports 2010
FIRST CHOICE BANK — 2010
What FIRST CHOICE 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 | 283,727,000 | 317,866,000 | 395,815,000 | 448,171,000 |
| Total loans | 196,170,000 | 231,951,000 | 282,983,000 | 306,108,000 |
| Allowance for loan losses | 2,437,000 | 2,878,000 | 3,186,000 | 3,428,000 |
| Securities available for sale | 73,006,000 | 57,669,000 | 87,151,000 | 110,548,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 252,219,000 | 275,516,000 | 347,108,000 | 383,742,000 |
| Interest-bearing deposits | 234,631,000 | 256,567,000 | 325,829,000 | 364,429,000 |
| Noninterest-bearing deposits | 17,588,000 | 18,949,000 | 21,279,000 | 19,313,000 |
| Equity capital | 28,790,000 | 29,269,000 | 37,107,000 | 50,283,000 |
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 | 2,920,000 | 6,120,000 | 9,781,000 | 14,347,000 |
| Interest expense | 1,190,000 | 2,327,000 | 3,589,000 | 5,093,000 |
| Net interest income | 1,730,000 | 3,793,000 | 6,192,000 | 9,254,000 |
| Noninterest income | 2,698,000 | 5,509,000 | 10,925,000 | 16,511,000 |
| Noninterest expense | 3,606,000 | 7,338,000 | 13,727,000 | 20,934,000 |
| Provision for loan losses | 323,000 | 938,000 | 1,736,000 | 2,321,000 |
| Pretax income | 600,000 | 1,251,000 | 2,016,000 | 2,877,000 |
| Income tax | 275,000 | 568,000 | 937,000 | 1,321,000 |
| Net income | 325,000 | 683,000 | 1,079,000 | 1,556,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 28,576,000 | 28,962,000 | 36,784,000 | 52,235,000 |
| Total capital | 31,013,000 | 31,710,000 | 39,965,000 | 55,663,000 |
| Risk-weighted assets | 200,762,000 | 219,692,000 | 254,467,000 | 279,347,000 |