Call reports 2010
FIRST BANK OF CHARLESTON, INC. — 2010
What FIRST BANK OF CHARLESTON, INC. 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 | 169,671,000 | 160,655,000 | 167,326,000 | 171,503,000 |
| Total loans | 128,360,000 | 127,900,000 | 130,073,000 | 130,432,000 |
| Allowance for loan losses | 1,680,000 | 1,832,000 | 2,036,000 | 1,822,000 |
| Securities available for sale | 32,264,000 | 23,253,000 | 26,413,000 | 32,860,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 145,897,000 | 136,194,000 | 136,201,000 | 128,653,000 |
| Interest-bearing deposits | 134,632,000 | 127,405,000 | 126,320,000 | 118,516,000 |
| Noninterest-bearing deposits | 11,265,000 | 8,789,000 | 9,881,000 | 10,137,000 |
| Equity capital | 17,323,000 | 17,794,000 | 18,232,000 | 18,128,000 |
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 | 2,239,000 | 4,534,000 | 6,770,000 | 9,053,000 |
| Interest expense | 710,000 | 1,326,000 | 1,868,000 | 2,377,000 |
| Net interest income | 1,529,000 | 3,208,000 | 4,902,000 | 6,676,000 |
| Noninterest income | 273,000 | 437,000 | 598,000 | 791,000 |
| Noninterest expense | 774,000 | 1,537,000 | 2,303,000 | 3,102,000 |
| Provision for loan losses | 250,000 | 550,000 | 850,000 | 1,225,000 |
| Pretax income | 778,000 | 1,558,000 | 2,449,000 | 3,242,000 |
| Income tax | 331,000 | 664,000 | 1,045,000 | 1,330,000 |
| Net income | 447,000 | 894,000 | 1,404,000 | 1,912,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,919,000 | 17,238,000 | 17,625,000 | 18,002,000 |
| Total capital | 18,077,000 | 18,487,000 | 18,939,000 | 19,557,000 |
| Risk-weighted assets | 120,888,000 | 123,902,000 | 126,285,000 | 126,016,000 |