Call reports 2009
SHORE BANK — 2009
What SHORE 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 | 312,890,000 | 291,829,000 | 297,970,000 | 306,115,000 |
| Total loans | 247,051,000 | 236,908,000 | 232,232,000 | 229,251,000 |
| Allowance for loan losses | 2,751,000 | 3,355,000 | 3,480,000 | 3,947,000 |
| Securities available for sale | 11,397,000 | 10,746,000 | 3,773,000 | 5,110,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 196,645,000 | 212,550,000 | 223,059,000 | 236,493,000 |
| Interest-bearing deposits | 169,383,000 | 181,205,000 | 190,538,000 | 201,370,000 |
| Noninterest-bearing deposits | 27,262,000 | 31,345,000 | 32,521,000 | 35,123,000 |
| Equity capital | 53,398,000 | 23,365,000 | 23,880,000 | 24,291,000 |
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 | 3,865,000 | 7,599,000 | 11,242,000 | 14,704,000 |
| Interest expense | 1,226,000 | 2,477,000 | 3,811,000 | 5,186,000 |
| Net interest income | 2,639,000 | 5,122,000 | 7,431,000 | 9,518,000 |
| Noninterest income | 675,000 | 1,405,000 | 2,137,000 | 3,335,000 |
| Noninterest expense | 2,218,000 | 32,700,000 | 34,948,000 | 36,883,000 |
| Provision for loan losses | 98,000 | 1,258,000 | 1,420,000 | 2,086,000 |
| Pretax income | 998,000 | -27,431,000 | -26,766,000 | -26,082,000 |
| Income tax | 304,000 | 153,000 | 326,000 | 540,000 |
| Net income | 694,000 | -27,584,000 | -27,092,000 | -26,622,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 23,784,000 | 20,453,000 | 21,104,000 | 21,668,000 |
| Total capital | 26,439,000 | 23,017,000 | 23,628,000 | 24,110,000 |
| Risk-weighted assets | 212,298,000 | 204,351,000 | 200,999,000 | 194,718,000 |