Call reports 2010
FUSION BANK — 2010
What FUSION 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 | 101,764,000 | 101,479,000 | 100,921,000 | 104,815,000 |
| Total loans | 51,597,000 | 53,397,000 | 55,276,000 | 58,525,000 |
| Allowance for loan losses | 732,000 | 784,000 | 807,000 | 1,136,000 |
| Securities available for sale | 25,001,000 | 25,095,000 | 23,612,000 | 22,945,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 80,110,000 | 79,326,000 | 82,541,000 | 90,449,000 |
| Interest-bearing deposits | 66,704,000 | 66,699,000 | 68,614,000 | 73,779,000 |
| Noninterest-bearing deposits | 13,406,000 | 12,627,000 | 13,927,000 | 16,670,000 |
| Equity capital | 11,718,000 | 12,042,000 | 12,340,000 | 12,184,000 |
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 | 1,086,000 | 2,195,000 | 3,313,000 | 4,454,000 |
| Interest expense | 147,000 | 284,000 | 414,000 | 528,000 |
| Net interest income | 939,000 | 1,911,000 | 2,899,000 | 3,926,000 |
| Noninterest income | 158,000 | 441,000 | 606,000 | 864,000 |
| Noninterest expense | 806,000 | 1,616,000 | 2,428,000 | 3,177,000 |
| Provision for loan losses | 0 | 115,000 | 165,000 | 545,000 |
| Pretax income | 291,000 | 621,000 | 912,000 | 1,068,000 |
| Income tax | 12,000 | 27,000 | 39,000 | 46,000 |
| Net income | 279,000 | 594,000 | 873,000 | 1,022,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,907,000 | 11,181,000 | 11,450,000 | 11,524,000 |
| Total capital | 11,639,000 | 11,965,000 | 12,257,000 | 12,363,000 |
| Risk-weighted assets | 62,844,000 | 63,475,000 | 64,917,000 | 66,893,000 |