Call reports 2010
FIRSTBANK OF LAKEWOOD — 2010
What FIRSTBANK OF LAKEWOOD 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 | 411,311,000 | 404,073,000 | 399,953,000 |
| Total loans | 130,380,000 | 134,496,000 | 132,729,000 |
| Allowance for loan losses | 1,945,000 | 2,145,000 | 2,351,000 |
| Securities available for sale | 165,916,000 | 165,543,000 | 161,277,000 |
| Securities held to maturity | 75,423,000 | 70,999,000 | 66,881,000 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 373,246,000 | 370,647,000 | 364,068,000 |
| Interest-bearing deposits | 309,839,000 | 311,741,000 | 306,964,000 |
| Noninterest-bearing deposits | 63,407,000 | 58,906,000 | 57,104,000 |
| Equity capital | 28,504,000 | 29,673,000 | 31,166,000 |
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 | 4,334,000 | 8,760,000 | 13,018,000 |
| Interest expense | 704,000 | 1,365,000 | 1,968,000 |
| Net interest income | 3,630,000 | 7,395,000 | 11,050,000 |
| Noninterest income | 962,000 | 1,941,000 | 2,833,000 |
| Noninterest expense | 2,097,000 | 4,265,000 | 6,491,000 |
| Provision for loan losses | -12,000 | 200,000 | 472,000 |
| Pretax income | 2,438,000 | 4,765,000 | 6,703,000 |
| Income tax | 740,000 | 1,444,000 | 2,004,000 |
| Net income | 1,698,000 | 3,321,000 | 4,699,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Tier 1 capital | 26,102,000 | 26,225,000 | 26,604,000 |
| Total capital | 28,073,000 | 28,397,000 | 28,944,000 |
| Risk-weighted assets | 189,315,000 | 187,910,000 | 187,173,000 |