Call reports 2010
FIRST VIETNAMESE AMERICAN BANK — 2010
What FIRST VIETNAMESE AMERICAN 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 |
|---|---|---|---|
| Total assets | 52,015,000 | 51,877,000 | 48,000,000 |
| Total loans | 35,454,000 | 35,557,000 | 33,208,000 |
| Allowance for loan losses | 1,433,000 | 1,137,000 | 622,000 |
| Securities available for sale | 3,944,000 | 3,021,000 | 0 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 49,816,000 | 50,021,000 | 47,012,000 |
| Interest-bearing deposits | 45,376,000 | 41,083,000 | 38,440,000 |
| Noninterest-bearing deposits | 4,440,000 | 8,939,000 | 8,572,000 |
| Equity capital | 1,794,000 | 1,464,000 | 611,000 |
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 |
|---|---|---|---|
| Interest income | 553,000 | 1,039,000 | 1,801,000 |
| Interest expense | 282,000 | 536,000 | 772,000 |
| Net interest income | 271,000 | 503,000 | 1,029,000 |
| Noninterest income | 23,000 | 103,000 | 105,000 |
| Noninterest expense | 870,000 | 1,592,000 | 2,551,000 |
| Provision for loan losses | 125,000 | 125,000 | 534,000 |
| Pretax income | -701,000 | -1,111,000 | -1,951,000 |
| Income tax | 0 | 1,000 | 1,000 |
| Net income | -701,000 | -1,112,000 | -1,952,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Tier 1 capital | 1,828,000 | 1,423,000 | 578,000 |
| Total capital | 2,329,000 | 1,934,000 | 1,041,000 |
| Risk-weighted assets | 39,166,000 | 40,286,000 | 36,840,000 |