Call reports 2010
SMARTBIZ BANK, N.A. — 2010
What SMARTBIZ BANK, N.A. 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 | 113,654,000 | 107,858,000 | 105,299,000 | 101,165,000 |
| Total loans | 92,136,000 | 88,006,000 | 85,856,000 | 78,182,000 |
| Allowance for loan losses | 3,726,000 | 3,661,000 | 3,862,000 | 5,007,000 |
| Securities available for sale | 10,420,000 | 8,629,000 | 8,148,000 | 7,789,000 |
| Securities held to maturity | 500,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 101,821,000 | 95,899,000 | 94,656,000 | 93,406,000 |
| Interest-bearing deposits | 96,163,000 | 91,592,000 | 90,104,000 | 88,246,000 |
| Noninterest-bearing deposits | 5,658,000 | 4,307,000 | 4,552,000 | 5,160,000 |
| Equity capital | 10,835,000 | 10,210,000 | 9,757,000 | 6,546,000 |
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 | 959,000 | 1,925,000 | 2,834,000 | 3,722,000 |
| Interest expense | 489,000 | 936,000 | 1,315,000 | 1,667,000 |
| Net interest income | 470,000 | 989,000 | 1,519,000 | 2,055,000 |
| Noninterest income | 56,000 | 31,000 | 94,000 | 152,000 |
| Noninterest expense | 899,000 | 1,764,000 | 2,609,000 | 3,697,000 |
| Provision for loan losses | 50,000 | 370,000 | 570,000 | 3,305,000 |
| Pretax income | -404,000 | -1,072,000 | -1,524,000 | -4,753,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -404,000 | -1,072,000 | -1,524,000 | -4,753,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,866,000 | 10,204,000 | 9,755,000 | 6,531,000 |
| Total capital | 12,125,000 | 11,396,000 | 10,919,000 | 7,657,000 |
| Risk-weighted assets | 98,193,000 | 92,874,000 | 90,448,000 | 86,181,000 |