Call reports 2010
SPECTRA BANK — 2010
What SPECTRA 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 | 42,906,000 | 42,980,000 | 45,139,000 | 41,226,000 |
| Total loans | 26,612,000 | 26,912,000 | 27,692,000 | 28,813,000 |
| Allowance for loan losses | 275,000 | 320,000 | 376,000 | 441,000 |
| Securities available for sale | 25,000 | 0 | 24,000 | 23,000 |
| Securities held to maturity | 0 | 25,000 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 37,567,000 | 37,607,000 | 39,995,000 | 36,365,000 |
| Interest-bearing deposits | 19,971,000 | 19,537,000 | 20,913,000 | 20,124,000 |
| Noninterest-bearing deposits | 17,596,000 | 18,070,000 | 19,082,000 | 16,241,000 |
| Equity capital | 4,678,000 | 4,764,000 | 4,526,000 | 4,289,000 |
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 | 408,000 | 859,000 | 1,312,000 | 1,770,000 |
| Interest expense | 46,000 | 84,000 | 120,000 | 156,000 |
| Net interest income | 362,000 | 775,000 | 1,192,000 | 1,614,000 |
| Noninterest income | 297,000 | 579,000 | 874,000 | 1,173,000 |
| Noninterest expense | 738,000 | 1,297,000 | 2,187,000 | 3,075,000 |
| Provision for loan losses | 75,000 | 125,000 | 185,000 | 255,000 |
| Pretax income | -154,000 | -68,000 | -306,000 | -543,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -154,000 | -68,000 | -306,000 | -543,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 4,678,000 | 4,765,000 | 4,527,000 | 4,290,000 |
| Total capital | 4,953,000 | 5,085,000 | 4,903,000 | 4,674,000 |
| Risk-weighted assets | 29,123,000 | 31,141,000 | 30,952,000 | 30,683,000 |