Call reports 2009
FOUNDATIONS BANK — 2009
What FOUNDATIONS 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 | 205,299,000 | 222,655,000 | 222,475,000 | 233,266,000 |
| Total loans | 171,937,000 | 177,703,000 | 179,189,000 | 173,981,000 |
| Allowance for loan losses | 1,663,000 | 1,780,000 | 3,879,000 | 3,908,000 |
| Securities available for sale | 11,953,000 | 13,286,000 | 13,588,000 | 14,935,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 175,554,000 | 189,021,000 | 192,008,000 | 202,164,000 |
| Interest-bearing deposits | 158,837,000 | 171,481,000 | 174,424,000 | 185,905,000 |
| Noninterest-bearing deposits | 16,717,000 | 17,540,000 | 17,584,000 | 16,259,000 |
| Equity capital | 18,982,000 | 19,438,000 | 17,255,000 | 18,150,000 |
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 | 2,709,000 | 5,445,000 | 8,216,000 | 10,974,000 |
| Interest expense | 1,299,000 | 2,562,000 | 3,861,000 | 5,113,000 |
| Net interest income | 1,410,000 | 2,883,000 | 4,355,000 | 5,861,000 |
| Noninterest income | 199,000 | 486,000 | 960,000 | 1,568,000 |
| Noninterest expense | 1,292,000 | 2,895,000 | 4,467,000 | 5,539,000 |
| Provision for loan losses | 129,000 | 258,000 | 4,087,000 | 4,130,000 |
| Pretax income | 359,000 | 473,000 | -2,982,000 | -1,983,000 |
| Income tax | 117,000 | 145,000 | -1,005,000 | -864,000 |
| Net income | 242,000 | 328,000 | -1,977,000 | -1,119,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,439,000 | 19,008,000 | 15,565,000 | 16,663,000 |
| Total capital | 20,102,000 | 20,788,000 | 18,042,000 | 19,027,000 |
| Risk-weighted assets | 187,359,000 | 196,923,000 | 196,718,000 | 187,570,000 |