Call reports 2011
NEW FRONTIER BANK — 2011
What NEW FRONTIER 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 | 136,783,000 | 134,384,000 | 133,817,000 | 133,091,000 |
| Total loans | 99,458,000 | 99,263,000 | 101,334,000 | 99,652,000 |
| Allowance for loan losses | 2,816,000 | 3,846,000 | 4,641,000 | 4,769,000 |
| Securities available for sale | 12,550,000 | 14,590,000 | 13,829,000 | 13,097,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 120,085,000 | 119,092,000 | 118,792,000 | 120,195,000 |
| Interest-bearing deposits | 103,805,000 | 100,843,000 | 100,703,000 | 101,570,000 |
| Noninterest-bearing deposits | 16,280,000 | 18,249,000 | 18,089,000 | 18,625,000 |
| Equity capital | 14,884,000 | 14,454,000 | 14,126,000 | 12,090,000 |
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 | 1,602,000 | 3,149,000 | 4,657,000 | 6,175,000 |
| Interest expense | 380,000 | 712,000 | 997,000 | 1,270,000 |
| Net interest income | 1,222,000 | 2,437,000 | 3,660,000 | 4,905,000 |
| Noninterest income | 182,000 | 481,000 | 752,000 | 1,010,000 |
| Noninterest expense | 1,254,000 | 2,449,000 | 3,716,000 | 5,239,000 |
| Provision for loan losses | 150,000 | 1,250,000 | 2,050,000 | 2,250,000 |
| Pretax income | 0 | -755,000 | -1,328,000 | -1,539,000 |
| Income tax | -23,000 | -304,000 | -516,000 | 1,263,000 |
| Net income | 23,000 | -451,000 | -812,000 | -2,802,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,850,000 | 13,120,000 | 12,562,000 | 11,943,000 |
| Total capital | 15,211,000 | 14,483,000 | 13,952,000 | 13,321,000 |
| Risk-weighted assets | 107,411,000 | 106,545,000 | 107,775,000 | 106,828,000 |