Call reports 2010
HOWARD BANK — 2010
What HOWARD 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 | 304,835,000 | 308,932,000 | 309,976,000 | 300,168,000 |
| Total loans | 260,086,000 | 259,362,000 | 262,456,000 | 257,370,000 |
| Allowance for loan losses | 3,724,000 | 3,799,000 | 3,686,000 | 3,523,000 |
| Securities available for sale | 20,664,000 | 18,457,000 | 17,243,000 | 15,040,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 246,969,000 | 249,542,000 | 248,757,000 | 242,005,000 |
| Interest-bearing deposits | 201,500,000 | 199,332,000 | 198,154,000 | 190,635,000 |
| Noninterest-bearing deposits | 45,469,000 | 50,210,000 | 50,603,000 | 51,370,000 |
| Equity capital | 26,250,000 | 26,544,000 | 28,230,000 | 28,572,000 |
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 | 3,509,000 | 7,065,000 | 10,689,000 | 14,254,000 |
| Interest expense | 830,000 | 1,630,000 | 2,298,000 | 2,878,000 |
| Net interest income | 2,679,000 | 5,435,000 | 8,391,000 | 11,376,000 |
| Noninterest income | 183,000 | 353,000 | 513,000 | 742,000 |
| Noninterest expense | 2,009,000 | 3,997,000 | 6,161,000 | 8,433,000 |
| Provision for loan losses | 211,000 | 658,000 | 1,262,000 | 1,633,000 |
| Pretax income | 642,000 | 1,133,000 | 1,481,000 | 2,052,000 |
| Income tax | 255,000 | 450,000 | 604,000 | 820,000 |
| Net income | 387,000 | 683,000 | 877,000 | 1,232,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,216,000 | 24,768,000 | 26,673,000 | 27,594,000 |
| Total capital | 27,426,000 | 27,982,000 | 29,993,000 | 30,859,000 |
| Risk-weighted assets | 256,318,000 | 256,557,000 | 265,272,000 | 260,937,000 |