Call reports 2011
NEW CENTURY BANK — 2011
What NEW CENTURY 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 | 22,900,000 | 21,927,000 | 21,431,000 | 21,670,000 |
| Total loans | 16,705,000 | 17,310,000 | 18,112,000 | 18,245,000 |
| Allowance for loan losses | 318,000 | 307,000 | 314,000 | 317,000 |
| Securities available for sale | 0 | 0 | 1,048,000 | 975,000 |
| Securities held to maturity | 841,000 | 840,000 | 840,000 | 839,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 19,557,000 | 18,922,000 | 18,321,000 | 18,664,000 |
| Interest-bearing deposits | 16,914,000 | 16,455,000 | 15,552,000 | 15,784,000 |
| Noninterest-bearing deposits | 2,643,000 | 2,467,000 | 2,769,000 | 2,880,000 |
| Equity capital | 2,319,000 | 2,303,000 | 2,349,000 | 2,306,000 |
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 | 322,000 | 642,000 | 968,000 | 1,288,000 |
| Interest expense | 52,000 | 99,000 | 143,000 | 183,000 |
| Net interest income | 270,000 | 543,000 | 825,000 | 1,105,000 |
| Noninterest income | 137,000 | 342,000 | 449,000 | 523,000 |
| Noninterest expense | 328,000 | 705,000 | 1,037,000 | 1,372,000 |
| Provision for loan losses | 5,000 | 9,000 | 15,000 | 20,000 |
| Pretax income | 74,000 | 171,000 | 222,000 | 236,000 |
| Income tax | 4,000 | 9,000 | 13,000 | 11,000 |
| Net income | 70,000 | 162,000 | 209,000 | 225,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 2,319,000 | 2,303,000 | 2,349,000 | 2,306,000 |
| Total capital | 2,487,000 | 2,496,000 | 2,552,000 | 2,511,000 |
| Risk-weighted assets | 15,538,000 | 15,909,000 | 16,282,000 | 16,294,000 |