Call reports 2010
FOUNDATIONS BANK — 2010
What FOUNDATIONS 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 | 224,290,000 | 214,693,000 | 210,581,000 | 203,250,000 |
| Total loans | 165,876,000 | 164,321,000 | 154,716,000 | 148,613,000 |
| Allowance for loan losses | 4,022,000 | 5,930,000 | 5,400,000 | 3,690,000 |
| Securities available for sale | 18,055,000 | 18,666,000 | 19,941,000 | 17,418,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 194,665,000 | 186,363,000 | 184,146,000 | 175,140,000 |
| Interest-bearing deposits | 179,487,000 | 168,231,000 | 165,068,000 | 159,214,000 |
| Noninterest-bearing deposits | 15,178,000 | 18,132,000 | 19,078,000 | 15,926,000 |
| Equity capital | 18,012,000 | 16,624,000 | 15,078,000 | 19,019,000 |
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 | 2,562,000 | 4,960,000 | 7,309,000 | 9,675,000 |
| Interest expense | 1,153,000 | 2,242,000 | 3,289,000 | 4,283,000 |
| Net interest income | 1,409,000 | 2,718,000 | 4,020,000 | 5,392,000 |
| Noninterest income | 305,000 | 509,000 | 689,000 | 741,000 |
| Noninterest expense | 1,856,000 | 3,269,000 | 4,512,000 | 5,792,000 |
| Provision for loan losses | 150,000 | 2,515,000 | 5,407,000 | 5,690,000 |
| Pretax income | -292,000 | -2,531,000 | -5,184,000 | -4,842,000 |
| Income tax | -118,000 | -911,000 | -703,000 | -703,000 |
| Net income | -174,000 | -1,620,000 | -4,481,000 | -4,139,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,354,000 | 13,794,000 | 12,459,000 | 16,309,000 |
| Total capital | 18,600,000 | 16,008,000 | 14,577,000 | 18,335,000 |
| Risk-weighted assets | 177,943,000 | 173,438,000 | 166,173,000 | 160,407,000 |