Call reports 2006
CHOICE BANK — 2006
What CHOICE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 105,513,000 | 107,696,000 | 149,533,000 | 165,872,000 |
| Total loans | 77,330,000 | 94,925,000 | 100,736,000 | 123,630,000 |
| Allowance for loan losses | 510,000 | 637,000 | 681,000 | 834,000 |
| Securities available for sale | 1,793,000 | 1,652,000 | 4,430,000 | 4,374,000 |
| Securities held to maturity | 3,000,000 | 3,000,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 93,031,000 | 91,696,000 | 116,562,000 | 129,441,000 |
| Interest-bearing deposits | 81,501,000 | 83,196,000 | 105,829,000 | 120,258,000 |
| Noninterest-bearing deposits | 11,530,000 | 8,500,000 | 10,733,000 | 9,183,000 |
| Equity capital | 11,594,000 | 11,832,000 | 31,657,000 | 31,571,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 1,827,000 | 3,906,000 | 736,000 | 3,379,000 |
| Interest expense | 678,000 | 1,481,000 | 364,000 | 1,792,000 |
| Net interest income | 1,149,000 | 2,425,000 | 372,000 | 1,587,000 |
| Noninterest income | 377,000 | 752,000 | 100,000 | 421,000 |
| Noninterest expense | 1,012,000 | 2,108,000 | 317,000 | 1,898,000 |
| Provision for loan losses | 35,000 | 162,000 | 17,000 | 171,000 |
| Pretax income | 479,000 | 907,000 | 138,000 | -61,000 |
| Income tax | 207,000 | 394,000 | 59,000 | -23,000 |
| Net income | 272,000 | 513,000 | 79,000 | -38,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 11,628,000 | 11,873,000 | 12,238,000 | 11,507,000 |
| Total capital | 12,156,000 | 12,529,000 | 12,934,000 | 12,357,000 |
| Risk-weighted assets | 86,886,000 | 100,779,000 | 104,993,000 | 118,239,000 |