Call reports 2009
NEW FRONTIER BANK — 2009
What NEW FRONTIER BANK 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 | 160,593,000 | 154,069,000 | 156,234,000 | 147,028,000 |
| Total loans | 119,278,000 | 118,151,000 | 118,568,000 | 119,001,000 |
| Allowance for loan losses | 2,663,000 | 2,464,000 | 2,509,000 | 2,386,000 |
| Securities available for sale | 17,830,000 | 19,606,000 | 16,204,000 | 12,808,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 129,369,000 | 121,835,000 | 124,647,000 | 115,682,000 |
| Interest-bearing deposits | 116,298,000 | 107,941,000 | 108,660,000 | 100,004,000 |
| Noninterest-bearing deposits | 13,071,000 | 13,894,000 | 15,987,000 | 15,678,000 |
| Equity capital | 13,994,000 | 14,145,000 | 14,396,000 | 14,439,000 |
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 | 2,244,000 | 4,490,000 | 6,668,000 | 8,755,000 |
| Interest expense | 1,116,000 | 2,099,000 | 2,996,000 | 3,750,000 |
| Net interest income | 1,128,000 | 2,391,000 | 3,672,000 | 5,005,000 |
| Noninterest income | 344,000 | 640,000 | 924,000 | 1,137,000 |
| Noninterest expense | 1,237,000 | 2,464,000 | 3,643,000 | 4,822,000 |
| Provision for loan losses | 75,000 | 200,000 | 275,000 | 496,000 |
| Pretax income | 240,000 | 491,000 | 836,000 | 1,049,000 |
| Income tax | 78,000 | 142,000 | 252,000 | 305,000 |
| Net income | 162,000 | 349,000 | 584,000 | 744,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,214,000 | 12,698,000 | 13,052,000 | 13,205,000 |
| Total capital | 13,832,000 | 14,303,000 | 14,616,000 | 14,740,000 |
| Risk-weighted assets | 128,387,000 | 127,458,000 | 124,024,000 | 121,839,000 |