Call reports 2011
SHORE BANK — 2011
What SHORE 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 | 307,823,000 | 298,039,000 | 285,792,000 | 277,267,000 |
| Total loans | 199,250,000 | 222,559,000 | 222,892,000 | 222,404,000 |
| Allowance for loan losses | 3,671,000 | 3,924,000 | 3,750,000 | 3,385,000 |
| Securities available for sale | 23,707,000 | 25,406,000 | 21,483,000 | 19,561,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 244,644,000 | 237,211,000 | 229,808,000 | 220,990,000 |
| Interest-bearing deposits | 209,261,000 | 198,979,000 | 188,168,000 | 186,345,000 |
| Noninterest-bearing deposits | 35,383,000 | 38,232,000 | 41,640,000 | 34,645,000 |
| Equity capital | 24,403,000 | 24,754,000 | 25,639,000 | 25,870,000 |
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 | 2,917,000 | 5,955,000 | 9,188,000 | 12,405,000 |
| Interest expense | 1,074,000 | 1,986,000 | 2,642,000 | 3,217,000 |
| Net interest income | 1,843,000 | 3,969,000 | 6,546,000 | 9,188,000 |
| Noninterest income | 742,000 | 1,488,000 | 2,073,000 | 2,251,000 |
| Noninterest expense | 2,625,000 | 4,745,000 | 7,210,000 | 9,737,000 |
| Provision for loan losses | -126,000 | 514,000 | 593,000 | 610,000 |
| Pretax income | 86,000 | 198,000 | 820,000 | 1,096,000 |
| Income tax | 44,000 | 44,000 | 47,000 | 47,000 |
| Net income | 42,000 | 154,000 | 773,000 | 1,049,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,200,000 | 22,414,000 | 23,133,000 | 22,602,000 |
| Total capital | 24,418,000 | 24,949,000 | 25,668,000 | 25,131,000 |
| Risk-weighted assets | 175,966,000 | 201,420,000 | 201,629,000 | 201,464,000 |