Call reports 2001
NEW FRONTIER BANK — 2001
What NEW FRONTIER BANK reported to the FFIEC in 2001, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Total assets | 20,589,000 | 27,423,000 | 35,452,000 | 39,730,000 |
| Total loans | 3,857,000 | 9,439,000 | 16,314,000 | 23,146,000 |
| Allowance for loan losses | 39,000 | 95,000 | 163,000 | 232,000 |
| Securities available for sale | 9,629,000 | 13,863,000 | 13,135,000 | 12,316,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 15,118,000 | 21,955,000 | 30,205,000 | 33,968,000 |
| Interest-bearing deposits | 14,377,000 | 20,358,000 | 28,289,000 | 31,610,000 |
| Noninterest-bearing deposits | 741,000 | 1,597,000 | 1,916,000 | 2,358,000 |
| Equity capital | 5,370,000 | 5,154,000 | 5,036,000 | 4,789,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Interest income | 212,000 | 515,000 | 951,000 | 1,446,000 |
| Interest expense | 154,000 | 393,000 | 704,000 | 1,030,000 |
| Net interest income | 58,000 | 122,000 | 247,000 | 416,000 |
| Noninterest income | 5,000 | 18,000 | 35,000 | 66,000 |
| Noninterest expense | 270,000 | 608,000 | 1,012,000 | 1,429,000 |
| Provision for loan losses | 16,000 | 72,000 | 140,000 | 211,000 |
| Pretax income | -223,000 | -540,000 | -870,000 | -1,108,000 |
| Income tax | -56,000 | -135,000 | -217,000 | -277,000 |
| Net income | -167,000 | -405,000 | -653,000 | -831,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2001Q1 | 2001Q2 | 2001Q3 | 2001Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,120,000 | 4,814,000 | 4,551,000 | 4,277,000 |
| Total capital | 5,159,000 | 4,909,000 | 4,714,000 | 4,509,000 |
| Risk-weighted assets | 7,959,000 | 13,499,000 | 20,372,000 | 24,914,000 |