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 | 161,345,000 | 172,378,000 | 183,344,000 | 201,964,000 |
| Total loans | 90,957,000 | 88,067,000 | 87,818,000 | 93,435,000 |
| Allowance for loan losses | 1,816,000 | 1,926,000 | 1,763,000 | 1,893,000 |
| Securities available for sale | 49,605,000 | 62,707,000 | 72,244,000 | 81,219,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 137,879,000 | 148,222,000 | 158,947,000 | 174,001,000 |
| Interest-bearing deposits | 129,028,000 | 139,510,000 | 148,891,000 | 161,039,000 |
| Noninterest-bearing deposits | 8,851,000 | 8,712,000 | 10,056,000 | 12,962,000 |
| Equity capital | 16,020,000 | 16,479,000 | 16,588,000 | 16,298,000 |
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 | 1,970,000 | 3,900,000 | 5,789,000 | 7,696,000 |
| Interest expense | 649,000 | 1,332,000 | 1,984,000 | 2,626,000 |
| Net interest income | 1,321,000 | 2,568,000 | 3,805,000 | 5,070,000 |
| Noninterest income | 33,000 | 54,000 | 74,000 | 125,000 |
| Noninterest expense | 976,000 | 2,003,000 | 3,033,000 | 4,047,000 |
| Provision for loan losses | 235,000 | 345,000 | 656,000 | 786,000 |
| Pretax income | 205,000 | 412,000 | 504,000 | 718,000 |
| Income tax | 0 | 0 | 0 | -288,000 |
| Net income | 205,000 | 412,000 | 504,000 | 1,006,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 15,992,000 | 16,161,000 | 16,187,000 | 16,651,000 |
| Total capital | 17,225,000 | 17,402,000 | 17,464,000 | 17,996,000 |
| Risk-weighted assets | 98,020,000 | 98,588,000 | 101,643,000 | 107,026,000 |