Call reports 2011
FOUNDATIONS BANK — 2011
What FOUNDATIONS 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 | 192,023,000 | 179,633,000 | 171,602,000 | 157,883,000 |
| Total loans | 136,424,000 | 132,160,000 | 122,692,000 | 111,129,000 |
| Allowance for loan losses | 6,000,000 | 4,066,000 | 4,236,000 | 3,521,000 |
| Securities available for sale | 16,525,000 | 15,897,000 | 15,352,000 | 14,543,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 167,622,000 | 159,761,000 | 151,455,000 | 143,691,000 |
| Interest-bearing deposits | 151,271,000 | 142,582,000 | 132,120,000 | 125,291,000 |
| Noninterest-bearing deposits | 16,351,000 | 17,179,000 | 19,335,000 | 18,400,000 |
| Equity capital | 16,264,000 | 13,300,000 | 13,537,000 | 10,068,000 |
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 | 1,973,000 | 3,796,000 | 5,659,000 | 7,328,000 |
| Interest expense | 858,000 | 1,675,000 | 2,429,000 | 3,115,000 |
| Net interest income | 1,115,000 | 2,121,000 | 3,230,000 | 4,213,000 |
| Noninterest income | 28,000 | -225,000 | -67,000 | 106,000 |
| Noninterest expense | 1,338,000 | 2,952,000 | 3,886,000 | 4,759,000 |
| Provision for loan losses | 2,800,000 | 5,000,000 | 5,175,000 | 6,395,000 |
| Pretax income | -2,995,000 | -6,056,000 | -5,898,000 | -6,835,000 |
| Income tax | 0 | 29,000 | 29,000 | 2,581,000 |
| Net income | -2,995,000 | -6,085,000 | -5,927,000 | -9,416,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,540,000 | 10,532,000 | 10,741,000 | 9,818,000 |
| Total capital | 15,461,000 | 12,248,000 | 12,295,000 | 11,240,000 |
| Risk-weighted assets | 149,632,000 | 134,953,000 | 121,637,000 | 111,695,000 |