Call reports 2009
NEW CENTURY BANK — 2009
What NEW CENTURY BANK 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 | 21,950,000 | 20,184,000 | 20,719,000 | 21,013,000 |
| Total loans | 16,610,000 | 16,366,000 | 17,390,000 | 17,887,000 |
| Allowance for loan losses | 280,000 | 273,000 | 301,000 | 306,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,780,000 | 1,228,000 | 1,228,000 | 1,228,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 18,913,000 | 17,195,000 | 17,519,000 | 17,638,000 |
| Interest-bearing deposits | 15,830,000 | 14,518,000 | 14,761,000 | 14,028,000 |
| Noninterest-bearing deposits | 3,083,000 | 2,676,000 | 2,758,000 | 3,610,000 |
| Equity capital | 2,036,000 | 1,991,000 | 2,182,000 | 2,185,000 |
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 | 339,000 | 676,000 | 1,132,000 | 1,482,000 |
| Interest expense | 89,000 | 170,000 | 241,000 | 304,000 |
| Net interest income | 250,000 | 506,000 | 891,000 | 1,178,000 |
| Noninterest income | 136,000 | 296,000 | 437,000 | 574,000 |
| Noninterest expense | 344,000 | 663,000 | 1,008,000 | 1,368,000 |
| Provision for loan losses | 5,000 | 9,000 | 14,000 | 18,000 |
| Pretax income | 37,000 | 130,000 | 306,000 | 366,000 |
| Income tax | 21,000 | 24,000 | 18,000 | 21,000 |
| Net income | 16,000 | 106,000 | 288,000 | 345,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,036,000 | 1,991,000 | 2,182,000 | 2,185,000 |
| Total capital | 2,250,000 | 2,207,000 | 2,370,000 | 2,396,000 |
| Risk-weighted assets | 17,081,000 | 17,237,000 | 17,081,000 | 16,760,000 |