Call reports 2011
FORWARD BANK — 2011
What FORWARD 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 | 264,195,000 | 265,224,000 | 266,568,000 | 270,864,000 |
| Total loans | 202,696,000 | 198,800,000 | 200,504,000 | 202,643,000 |
| Allowance for loan losses | 2,265,000 | 2,296,000 | 2,316,000 | 2,573,000 |
| Securities available for sale | 23,700,000 | 25,261,000 | 28,421,000 | 27,787,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 205,034,000 | 205,578,000 | 206,816,000 | 209,356,000 |
| Interest-bearing deposits | 171,443,000 | 170,593,000 | 167,229,000 | 164,653,000 |
| Noninterest-bearing deposits | 33,591,000 | 34,985,000 | 39,587,000 | 44,703,000 |
| Equity capital | 29,035,000 | 29,379,000 | 29,679,000 | 29,635,000 |
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 | 2,970,000 | 5,920,000 | 8,812,000 | 11,707,000 |
| Interest expense | 746,000 | 1,425,000 | 2,040,000 | 2,599,000 |
| Net interest income | 2,224,000 | 4,495,000 | 6,772,000 | 9,108,000 |
| Noninterest income | 693,000 | 1,243,000 | 1,907,000 | 2,503,000 |
| Noninterest expense | 2,425,000 | 4,682,000 | 7,034,000 | 9,359,000 |
| Provision for loan losses | 782,000 | 992,000 | 1,202,000 | 1,877,000 |
| Pretax income | -290,000 | 64,000 | 443,000 | 375,000 |
| Income tax | -71,000 | 23,000 | 127,000 | 55,000 |
| Net income | -219,000 | 41,000 | 316,000 | 320,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 22,401,000 | 22,651,000 | 22,987,000 | 23,050,000 |
| Total capital | 24,666,000 | 24,947,000 | 25,303,000 | 25,623,000 |
| Risk-weighted assets | 205,776,000 | 203,935,000 | 205,616,000 | 206,051,000 |