Call reports 2011
FIRST CHOICE BANK — 2011
What FIRST CHOICE 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 | 480,274,000 | 530,733,000 | 598,717,000 | 669,292,000 |
| Total loans | 269,186,000 | 322,035,000 | 386,491,000 | 474,771,000 |
| Allowance for loan losses | 3,872,000 | 4,385,000 | 4,552,000 | 4,968,000 |
| Securities available for sale | 189,726,000 | 191,933,000 | 187,265,000 | 166,305,000 |
| Securities held to maturity | 481,000 | 481,000 | 481,000 | 481,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 416,010,000 | 449,421,000 | 499,761,000 | 542,816,000 |
| Interest-bearing deposits | 395,582,000 | 427,535,000 | 476,374,000 | 517,262,000 |
| Noninterest-bearing deposits | 20,428,000 | 21,886,000 | 23,387,000 | 25,554,000 |
| Equity capital | 51,254,000 | 54,032,000 | 56,642,000 | 63,303,000 |
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 | 4,788,000 | 10,109,000 | 16,011,000 | 22,591,000 |
| Interest expense | 1,585,000 | 3,285,000 | 5,127,000 | 7,226,000 |
| Net interest income | 3,203,000 | 6,824,000 | 10,884,000 | 15,365,000 |
| Noninterest income | 6,950,000 | 12,684,000 | 21,447,000 | 36,690,000 |
| Noninterest expense | 8,625,000 | 16,690,000 | 26,970,000 | 43,126,000 |
| Provision for loan losses | 570,000 | 1,170,000 | 1,965,000 | 3,158,000 |
| Pretax income | 958,000 | 2,176,000 | 4,177,000 | 6,817,000 |
| Income tax | 377,000 | 824,000 | 1,594,000 | 2,738,000 |
| Net income | 581,000 | 1,352,000 | 2,583,000 | 4,079,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 52,673,000 | 53,306,000 | 54,399,000 | 61,246,000 |
| Total capital | 56,023,000 | 57,005,000 | 58,359,000 | 66,192,000 |
| Risk-weighted assets | 267,552,000 | 294,785,000 | 316,246,000 | 395,679,000 |