Call reports 2010
NEW FRONTIER BANK — 2010
What NEW FRONTIER 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 | 148,552,000 | 150,018,000 | 143,742,000 | 137,243,000 |
| Total loans | 113,702,000 | 108,969,000 | 106,524,000 | 100,381,000 |
| Allowance for loan losses | 2,698,000 | 2,695,000 | 2,781,000 | 2,697,000 |
| Securities available for sale | 11,811,000 | 13,985,000 | 14,265,000 | 14,699,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 118,041,000 | 122,318,000 | 117,843,000 | 118,592,000 |
| Interest-bearing deposits | 104,092,000 | 106,452,000 | 102,042,000 | 102,096,000 |
| Noninterest-bearing deposits | 13,949,000 | 15,866,000 | 15,801,000 | 16,496,000 |
| Equity capital | 14,561,000 | 14,852,000 | 14,990,000 | 14,873,000 |
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 | 2,137,000 | 4,058,000 | 5,931,000 | 7,496,000 |
| Interest expense | 631,000 | 1,223,000 | 1,744,000 | 2,199,000 |
| Net interest income | 1,506,000 | 2,835,000 | 4,187,000 | 5,297,000 |
| Noninterest income | 227,000 | 467,000 | 614,000 | 870,000 |
| Noninterest expense | 1,174,000 | 2,189,000 | 3,371,000 | 4,641,000 |
| Provision for loan losses | 400,000 | 596,000 | 746,000 | 896,000 |
| Pretax income | 159,000 | 517,000 | 684,000 | 630,000 |
| Income tax | 26,000 | 138,000 | 179,000 | 129,000 |
| Net income | 133,000 | 379,000 | 505,000 | 501,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,777,000 | 14,158,000 | 14,331,000 | 13,857,000 |
| Total capital | 15,254,000 | 15,582,000 | 15,741,000 | 15,225,000 |
| Risk-weighted assets | 116,855,000 | 112,632,000 | 111,431,000 | 108,093,000 |