Call reports 2009
HOWARD BANK — 2009
What HOWARD 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 | 248,996,000 | 256,498,000 | 274,091,000 | 286,215,000 |
| Total loans | 216,098,000 | 230,710,000 | 242,719,000 | 252,745,000 |
| Allowance for loan losses | 2,747,000 | 2,918,000 | 3,182,000 | 3,508,000 |
| Securities available for sale | 8,815,000 | 8,069,000 | 10,923,000 | 15,404,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 197,029,000 | 201,987,000 | 224,986,000 | 234,782,000 |
| Interest-bearing deposits | 152,152,000 | 153,509,000 | 180,867,000 | 189,746,000 |
| Noninterest-bearing deposits | 44,877,000 | 48,478,000 | 44,119,000 | 45,036,000 |
| Equity capital | 27,892,000 | 28,031,000 | 28,156,000 | 25,859,000 |
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 | 2,875,000 | 5,943,000 | 9,128,000 | 12,400,000 |
| Interest expense | 1,059,000 | 1,984,000 | 2,832,000 | 3,707,000 |
| Net interest income | 1,816,000 | 3,959,000 | 6,296,000 | 8,693,000 |
| Noninterest income | 176,000 | 351,000 | 534,000 | -531,000 |
| Noninterest expense | 1,778,000 | 3,690,000 | 5,657,000 | 7,724,000 |
| Provision for loan losses | 106,000 | 270,000 | 631,000 | 3,676,000 |
| Pretax income | 108,000 | 350,000 | 542,000 | -3,238,000 |
| Income tax | 40,000 | 142,000 | 219,000 | -1,270,000 |
| Net income | 68,000 | 208,000 | 323,000 | -1,968,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 27,845,000 | 27,986,000 | 28,101,000 | 23,571,000 |
| Total capital | 30,529,000 | 30,830,000 | 31,092,000 | 26,687,000 |
| Risk-weighted assets | 214,657,000 | 227,407,000 | 239,124,000 | 248,869,000 |