Call reports 2009
SUNBANK, NATIONAL ASSOCIATION — 2009
What SUNBANK, NATIONAL ASSOCIATION 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 | 98,751,000 | 87,328,000 | 74,146,000 | 52,516,000 |
| Total loans | 64,352,000 | 58,131,000 | 34,536,000 | 23,947,000 |
| Allowance for loan losses | 1,353,000 | 2,651,000 | 3,393,000 | 4,283,000 |
| Securities available for sale | 7,105,000 | 8,158,000 | 8,114,000 | 3,051,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 85,982,000 | 77,357,000 | 66,322,000 | 46,393,000 |
| Interest-bearing deposits | 80,227,000 | 70,703,000 | 60,704,000 | 33,204,000 |
| Noninterest-bearing deposits | 5,755,000 | 6,654,000 | 5,618,000 | 13,189,000 |
| Equity capital | 11,613,000 | 8,648,000 | 6,737,000 | 4,345,000 |
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 | 823,000 | 1,617,000 | 2,359,000 | 2,732,000 |
| Interest expense | 760,000 | 1,407,000 | 1,913,000 | 2,179,000 |
| Net interest income | 63,000 | 210,000 | 446,000 | 553,000 |
| Noninterest income | 1,066,000 | 2,255,000 | 3,423,000 | 4,505,000 |
| Noninterest expense | 1,690,000 | 3,349,000 | 5,023,000 | 6,643,000 |
| Provision for loan losses | 600,000 | 4,350,000 | 8,425,000 | 10,275,000 |
| Pretax income | -1,161,000 | -5,234,000 | -9,579,000 | -11,850,000 |
| Income tax | -463,000 | -1,589,000 | -3,038,000 | -2,941,000 |
| Net income | -698,000 | -3,645,000 | -6,541,000 | -8,909,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,554,000 | 8,607,000 | 6,711,000 | 4,343,000 |
| Total capital | 12,458,000 | 9,446,000 | 7,278,000 | 4,775,000 |
| Risk-weighted assets | 71,834,000 | 65,288,000 | 42,564,000 | 30,730,000 |