Call reports 2005
FOUNDATIONS BANK — 2005
What FOUNDATIONS BANK reported to the FFIEC in 2005, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2005Q3 | 2005Q4 |
|---|---|---|
| Total assets | 15,561,000 | 26,968,000 |
| Total loans | 15,000 | 11,376,000 |
| Allowance for loan losses | 0 | 188,000 |
| Securities available for sale | 0 | 3,715,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 212,000 | 11,172,000 |
| Interest-bearing deposits | 208,000 | 8,347,000 |
| Noninterest-bearing deposits | 4,000 | 2,825,000 |
| Equity capital | 15,349,000 | 15,745,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2005Q3 | 2005Q4 |
|---|---|---|
| Interest income | 27,000 | 277,000 |
| Interest expense | 20,000 | 59,000 |
| Net interest income | 7,000 | 218,000 |
| Noninterest income | 0 | 10,000 |
| Noninterest expense | 908,000 | 1,517,000 |
| Provision for loan losses | 0 | 188,000 |
| Pretax income | -901,000 | -1,477,000 |
| Income tax | 0 | 0 |
| Net income | -901,000 | -1,477,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2005Q3 | 2005Q4 |
|---|---|---|
| Tier 1 capital | 15,349,000 | 15,773,000 |
| Total capital | 15,349,000 | 15,961,000 |
| Risk-weighted assets | 3,164,000 | 17,569,000 |