Call reports 2010
FIRST RESOURCE BANK — 2010
What FIRST RESOURCE 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 | 127,501,000 | 134,946,000 | 127,008,000 | 126,358,000 |
| Total loans | 105,560,000 | 108,515,000 | 109,647,000 | 112,987,000 |
| Allowance for loan losses | 1,395,000 | 1,347,000 | 1,344,000 | 1,400,000 |
| Securities available for sale | 14,543,000 | 8,931,000 | 2,665,000 | 7,088,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 108,886,000 | 116,207,000 | 109,230,000 | 109,459,000 |
| Interest-bearing deposits | 105,380,000 | 111,192,000 | 105,591,000 | 105,065,000 |
| Noninterest-bearing deposits | 3,506,000 | 5,015,000 | 3,639,000 | 4,394,000 |
| Equity capital | 14,392,000 | 14,511,000 | 14,585,000 | 14,576,000 |
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 | 1,619,000 | 3,253,000 | 4,875,000 | 6,503,000 |
| Interest expense | 625,000 | 1,217,000 | 1,741,000 | 2,180,000 |
| Net interest income | 994,000 | 2,036,000 | 3,134,000 | 4,323,000 |
| Noninterest income | 22,000 | 43,000 | 67,000 | -36,000 |
| Noninterest expense | 673,000 | 1,483,000 | 2,170,000 | 2,969,000 |
| Provision for loan losses | 162,000 | 247,000 | 450,000 | 571,000 |
| Pretax income | 181,000 | 349,000 | 581,000 | 747,000 |
| Income tax | 62,000 | 120,000 | 200,000 | 257,000 |
| Net income | 119,000 | 229,000 | 381,000 | 490,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,998,000 | 14,182,000 | 14,303,000 | 14,359,000 |
| Total capital | 15,250,000 | 15,445,000 | 15,534,000 | 15,631,000 |
| Risk-weighted assets | 100,239,000 | 101,038,000 | 98,429,000 | 101,660,000 |