Call reports 2010
NEW CENTURY BANK — 2010
What NEW CENTURY 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 | 21,971,000 | 23,293,000 | 23,480,000 | 22,138,000 |
| Total loans | 19,201,000 | 19,676,000 | 18,543,000 | 18,142,000 |
| Allowance for loan losses | 308,000 | 305,000 | 310,000 | 303,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 1,227,000 | 1,227,000 | 976,000 | 841,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 17,736,000 | 20,072,000 | 20,182,000 | 18,902,000 |
| Interest-bearing deposits | 15,063,000 | 17,085,000 | 17,295,000 | 15,987,000 |
| Noninterest-bearing deposits | 2,672,000 | 2,988,000 | 2,887,000 | 2,915,000 |
| Equity capital | 2,268,000 | 2,213,000 | 2,273,000 | 2,249,000 |
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 | 366,000 | 748,000 | 1,081,000 | 1,443,000 |
| Interest expense | 55,000 | 114,000 | 175,000 | 229,000 |
| Net interest income | 311,000 | 634,000 | 906,000 | 1,214,000 |
| Noninterest income | 119,000 | 229,000 | 408,000 | 559,000 |
| Noninterest expense | 348,000 | 668,000 | 1,051,000 | 1,474,000 |
| Provision for loan losses | 5,000 | 9,000 | 14,000 | 18,000 |
| Pretax income | 77,000 | 186,000 | 249,000 | 281,000 |
| Income tax | -6,000 | -2,000 | 2,000 | 7,000 |
| Net income | 83,000 | 188,000 | 247,000 | 274,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,268,000 | 2,213,000 | 2,273,000 | 2,249,000 |
| Total capital | 2,494,000 | 2,441,000 | 2,490,000 | 2,457,000 |
| Risk-weighted assets | 18,015,000 | 18,447,000 | 17,302,000 | 16,524,000 |