Call reports 2010
CREDICARD NATIONAL BANK — 2010
What CREDICARD NATIONAL 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 | 5,879,000 | 2,898,000 | 1,942,000 | 1,391,000 |
| Total loans | 2,481,000 | 1,817,000 | 1,394,000 | 1,139,000 |
| Allowance for loan losses | 327,000 | 205,000 | 146,000 | 77,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,847,000 | 3,071,000 | 2,237,000 | 1,327,000 |
| Interest-bearing deposits | 5,825,000 | 3,040,000 | 2,192,000 | 1,281,000 |
| Noninterest-bearing deposits | 22,000 | 31,000 | 45,000 | 46,000 |
| Equity capital | -16,000 | -192,000 | -312,000 | 55,000 |
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 | 161,000 | 286,000 | 387,000 | 466,000 |
| Interest expense | 74,000 | 129,000 | 164,000 | 190,000 |
| Net interest income | 87,000 | 157,000 | 223,000 | 276,000 |
| Noninterest income | -2,000 | 1,000 | 10,000 | 26,000 |
| Noninterest expense | 228,000 | 477,000 | 662,000 | 829,000 |
| Provision for loan losses | 0 | 0 | 10,000 | 10,000 |
| Pretax income | -143,000 | -319,000 | -439,000 | -537,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -143,000 | -319,000 | -439,000 | -537,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | -16,000 | -192,000 | -312,000 | 55,000 |
| Total capital | -16,000 | -192,000 | -312,000 | 73,000 |
| Risk-weighted assets | 3,349,000 | 2,217,000 | 1,646,000 | 1,342,000 |