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 | 197,677,000 | 208,650,000 | 232,422,000 | 248,377,000 |
| Total loans | 92,973,000 | 110,245,000 | 111,254,000 | 128,109,000 |
| Allowance for loan losses | 1,727,000 | 2,012,000 | 2,235,000 | 2,355,000 |
| Securities available for sale | 82,190,000 | 84,293,000 | 91,518,000 | 96,034,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 176,572,000 | 180,222,000 | 200,936,000 | 212,368,000 |
| Interest-bearing deposits | 163,309,000 | 166,287,000 | 186,997,000 | 197,033,000 |
| Noninterest-bearing deposits | 13,263,000 | 13,935,000 | 13,939,000 | 15,335,000 |
| Equity capital | 16,501,000 | 23,936,000 | 24,799,000 | 25,573,000 |
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 | 2,038,000 | 4,366,000 | 6,806,000 | 9,200,000 |
| Interest expense | 591,000 | 1,188,000 | 1,816,000 | 2,458,000 |
| Net interest income | 1,447,000 | 3,178,000 | 4,990,000 | 6,742,000 |
| Noninterest income | 73,000 | 220,000 | 253,000 | 786,000 |
| Noninterest expense | 966,000 | 1,967,000 | 3,045,000 | 4,165,000 |
| Provision for loan losses | 95,000 | 380,000 | 603,000 | 893,000 |
| Pretax income | 459,000 | 1,193,000 | 1,795,000 | 2,670,000 |
| Income tax | 226,000 | 690,000 | 977,000 | 648,000 |
| Net income | 233,000 | 503,000 | 818,000 | 2,022,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,862,000 | 23,361,000 | 23,714,000 | 24,938,000 |
| Total capital | 18,198,000 | 24,897,000 | 25,279,000 | 26,743,000 |
| Risk-weighted assets | 106,526,000 | 122,433,000 | 124,531,000 | 143,824,000 |