Call reports 2009
ATLANTIC STEWARDSHIP BANK — 2009
What ATLANTIC STEWARDSHIP 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 | 643,327,000 | 634,540,000 | 645,341,000 | 658,895,000 |
| Total loans | 438,760,000 | 446,388,000 | 451,819,000 | 460,699,000 |
| Allowance for loan losses | 5,324,000 | 6,342,000 | 7,249,000 | 6,920,000 |
| Securities available for sale | 103,942,000 | 85,150,000 | 88,394,000 | 99,530,000 |
| Securities held to maturity | 68,850,000 | 72,764,000 | 73,240,000 | 66,724,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 515,716,000 | 518,747,000 | 515,500,000 | 530,261,000 |
| Interest-bearing deposits | 486,650,000 | 484,781,000 | 486,470,000 | 508,574,000 |
| Noninterest-bearing deposits | 29,066,000 | 33,966,000 | 29,030,000 | 21,687,000 |
| Equity capital | 55,592,000 | 55,265,000 | 56,161,000 | 55,689,000 |
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 | 8,436,000 | 16,946,000 | 25,527,000 | 34,036,000 |
| Interest expense | 2,791,000 | 5,436,000 | 8,006,000 | 10,526,000 |
| Net interest income | 5,645,000 | 11,510,000 | 17,521,000 | 23,510,000 |
| Noninterest income | 643,000 | 1,352,000 | 2,148,000 | 2,777,000 |
| Noninterest expense | 4,347,000 | 8,912,000 | 13,197,000 | 17,471,000 |
| Provision for loan losses | 150,000 | 1,175,000 | 2,375,000 | 3,575,000 |
| Pretax income | 1,830,000 | 3,016,000 | 4,338,000 | 5,486,000 |
| Income tax | 588,000 | 910,000 | 1,292,000 | 1,604,000 |
| Net income | 1,242,000 | 2,106,000 | 3,046,000 | 3,882,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 54,550,000 | 54,634,000 | 54,793,000 | 55,049,000 |
| Total capital | 59,874,000 | 60,611,000 | 60,919,000 | 61,303,000 |
| Risk-weighted assets | 474,022,000 | 477,800,000 | 488,973,000 | 499,650,000 |