Call reports 2010
GREAT NATIONS BANK — 2010
What GREAT NATIONS 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 | 20,790,000 | 23,316,000 | 24,082,000 | 25,946,000 |
| Total loans | 3,590,000 | 4,992,000 | 10,480,000 | 12,574,000 |
| Allowance for loan losses | 43,000 | 63,000 | 131,000 | 158,000 |
| Securities available for sale | 3,493,000 | 2,034,000 | 1,602,000 | 1,825,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 10,344,000 | 13,077,000 | 14,376,000 | 16,765,000 |
| Interest-bearing deposits | 9,549,000 | 12,071,000 | 13,214,000 | 14,784,000 |
| Noninterest-bearing deposits | 795,000 | 1,006,000 | 1,162,000 | 1,981,000 |
| Equity capital | 10,400,000 | 10,178,000 | 9,688,000 | 9,077,000 |
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 | 47,000 | 127,000 | 284,000 | 486,000 |
| Interest expense | 39,000 | 86,000 | 143,000 | 207,000 |
| Net interest income | 8,000 | 41,000 | 141,000 | 279,000 |
| Noninterest income | 4,000 | 9,000 | 16,000 | 21,000 |
| Noninterest expense | 411,000 | 864,000 | 1,384,000 | 2,106,000 |
| Provision for loan losses | 43,000 | 46,000 | 114,000 | 140,000 |
| Pretax income | -442,000 | -860,000 | -1,341,000 | -1,946,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -442,000 | -860,000 | -1,341,000 | -1,946,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,407,000 | 10,176,000 | 9,693,000 | 9,089,000 |
| Total capital | 10,450,000 | 10,239,000 | 9,824,000 | 9,247,000 |
| Risk-weighted assets | 8,610,000 | 10,467,000 | 14,586,000 | 17,127,000 |