Call reports 2009
ATLANTIC COMMUNITY BANK — 2009
What ATLANTIC COMMUNITY 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 | 94,903,000 | 93,666,000 | 91,259,000 | 92,656,000 |
| Total loans | 75,645,000 | 74,143,000 | 73,667,000 | 73,229,000 |
| Allowance for loan losses | 849,000 | 881,000 | 795,000 | 864,000 |
| Securities available for sale | 15,700,000 | 14,370,000 | 13,641,000 | 12,775,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 63,999,000 | 64,462,000 | 64,318,000 | 64,813,000 |
| Interest-bearing deposits | 58,000,000 | 58,389,000 | 54,730,000 | 53,020,000 |
| Noninterest-bearing deposits | 5,999,000 | 6,073,000 | 9,588,000 | 11,793,000 |
| Equity capital | 9,460,000 | 9,220,000 | 7,831,000 | 7,851,000 |
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 | 1,322,000 | 2,637,000 | 3,945,000 | 5,237,000 |
| Interest expense | 559,000 | 1,075,000 | 1,566,000 | 1,980,000 |
| Net interest income | 763,000 | 1,562,000 | 2,379,000 | 3,257,000 |
| Noninterest income | 58,000 | 130,000 | 155,000 | 237,000 |
| Noninterest expense | 763,000 | 1,553,000 | 2,301,000 | 3,017,000 |
| Provision for loan losses | 225,000 | 468,000 | 1,304,000 | 1,958,000 |
| Pretax income | -167,000 | -329,000 | -1,071,000 | -1,481,000 |
| Income tax | -57,000 | -112,000 | 1,227,000 | 1,227,000 |
| Net income | -110,000 | -217,000 | -2,298,000 | -2,708,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,961,000 | 7,731,000 | 7,380,000 | 7,471,000 |
| Total capital | 8,810,000 | 8,566,000 | 8,175,000 | 8,301,000 |
| Risk-weighted assets | 68,594,000 | 66,750,000 | 65,513,000 | 66,353,000 |