Call reports 2009
FIRST BANK OF CHARLESTON, INC. — 2009
What FIRST BANK OF CHARLESTON, INC. 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 | 147,111,000 | 151,764,000 | 161,026,000 | 163,309,000 |
| Total loans | 122,453,000 | 123,302,000 | 127,967,000 | 127,584,000 |
| Allowance for loan losses | 1,297,000 | 1,170,000 | 1,175,000 | 1,630,000 |
| Securities available for sale | 9,976,000 | 10,903,000 | 22,029,000 | 24,401,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 126,840,000 | 131,070,000 | 140,072,000 | 143,378,000 |
| Interest-bearing deposits | 117,802,000 | 122,217,000 | 129,379,000 | 133,570,000 |
| Noninterest-bearing deposits | 9,038,000 | 8,853,000 | 10,693,000 | 9,808,000 |
| Equity capital | 16,498,000 | 16,942,000 | 17,329,000 | 16,970,000 |
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 | 2,053,000 | 4,134,000 | 6,344,000 | 8,623,000 |
| Interest expense | 881,000 | 1,683,000 | 2,509,000 | 3,308,000 |
| Net interest income | 1,172,000 | 2,451,000 | 3,835,000 | 5,315,000 |
| Noninterest income | 164,000 | 346,000 | 522,000 | 694,000 |
| Noninterest expense | 672,000 | 1,433,000 | 2,122,000 | 2,832,000 |
| Provision for loan losses | 75,000 | 195,000 | 690,000 | 2,015,000 |
| Pretax income | 589,000 | 1,169,000 | 1,545,000 | 1,162,000 |
| Income tax | 261,000 | 527,000 | 690,000 | 560,000 |
| Net income | 328,000 | 642,000 | 855,000 | 602,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,689,000 | 16,870,000 | 16,955,000 | 16,598,000 |
| Total capital | 17,986,000 | 18,040,000 | 18,129,000 | 18,099,000 |
| Risk-weighted assets | 116,761,000 | 117,811,000 | 121,040,000 | 121,329,000 |