Call reports 2010
CHARTER OAK BANK — 2010
What CHARTER OAK 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 | 138,620,000 | 139,469,000 | 135,646,000 | 120,833,000 |
| Total loans | 128,167,000 | 127,425,000 | 115,370,000 | 107,003,000 |
| Allowance for loan losses | 3,860,000 | 7,121,000 | 3,747,000 | 5,707,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 116,370,000 | 117,190,000 | 115,386,000 | 105,309,000 |
| Interest-bearing deposits | 88,276,000 | 91,329,000 | 85,595,000 | 73,178,000 |
| Noninterest-bearing deposits | 28,094,000 | 25,861,000 | 29,791,000 | 32,131,000 |
| Equity capital | 12,137,000 | 6,475,000 | 4,740,000 | 587,000 |
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 | 1,928,000 | 3,858,000 | 5,674,000 | 7,290,000 |
| Interest expense | 337,000 | 643,000 | 917,000 | 1,156,000 |
| Net interest income | 1,591,000 | 3,215,000 | 4,757,000 | 6,134,000 |
| Noninterest income | 141,000 | 287,000 | 427,000 | 812,000 |
| Noninterest expense | 1,371,000 | 2,686,000 | 4,132,000 | 5,631,000 |
| Provision for loan losses | 2,015,000 | 6,950,000 | 8,933,000 | 13,351,000 |
| Pretax income | -1,654,000 | -6,134,000 | -7,881,000 | -12,036,000 |
| Income tax | 0 | 1,201,000 | 1,201,000 | 1,201,000 |
| Net income | -1,654,000 | -7,335,000 | -9,082,000 | -13,237,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,137,000 | 6,475,000 | 4,740,000 | 587,000 |
| Total capital | 13,956,000 | 8,232,000 | 6,313,000 | 1,174,000 |
| Risk-weighted assets | 143,457,000 | 135,167,000 | 125,102,000 | 111,066,000 |