Call reports 2010
SHORE BANK — 2010
What SHORE 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 | 323,659,000 | 335,935,000 | 338,860,000 | 330,233,000 |
| Total loans | 252,755,000 | 245,224,000 | 234,675,000 | 207,683,000 |
| Allowance for loan losses | 3,989,000 | 3,931,000 | 4,604,000 | 4,621,000 |
| Securities available for sale | 5,047,000 | 5,017,000 | 3,955,000 | 18,561,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 253,477,000 | 266,211,000 | 275,238,000 | 266,753,000 |
| Interest-bearing deposits | 220,205,000 | 228,946,000 | 236,830,000 | 230,999,000 |
| Noninterest-bearing deposits | 33,272,000 | 37,265,000 | 38,408,000 | 35,754,000 |
| Equity capital | 24,870,000 | 24,804,000 | 24,298,000 | 24,322,000 |
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 | 3,405,000 | 6,967,000 | 10,441,000 | 13,525,000 |
| Interest expense | 1,207,000 | 2,543,000 | 3,871,000 | 5,069,000 |
| Net interest income | 2,198,000 | 4,424,000 | 6,570,000 | 8,456,000 |
| Noninterest income | 901,000 | 1,702,000 | 2,576,000 | 3,394,000 |
| Noninterest expense | 2,145,000 | 4,160,000 | 6,303,000 | 8,482,000 |
| Provision for loan losses | 152,000 | 1,309,000 | 2,993,000 | 3,448,000 |
| Pretax income | 802,000 | 657,000 | -150,000 | -80,000 |
| Income tax | 258,000 | 220,000 | -58,000 | -33,000 |
| Net income | 544,000 | 437,000 | -92,000 | -47,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,321,000 | 22,324,000 | 21,904,000 | 22,058,000 |
| Total capital | 25,078,000 | 25,024,000 | 24,489,000 | 24,344,000 |
| Risk-weighted assets | 219,308,000 | 214,803,000 | 204,829,000 | 181,347,000 |