Call reports 2010
ATLANTIC STEWARDSHIP BANK — 2010
What ATLANTIC STEWARDSHIP 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 | 657,073,000 | 670,126,000 | 676,329,000 | 685,361,000 |
| Total loans | 464,179,000 | 460,811,000 | 459,543,000 | 461,553,000 |
| Allowance for loan losses | 8,174,000 | 8,745,000 | 9,327,000 | 8,490,000 |
| Securities available for sale | 89,958,000 | 112,525,000 | 124,934,000 | 137,351,000 |
| Securities held to maturity | 69,766,000 | 55,843,000 | 46,441,000 | 44,401,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 543,329,000 | 561,657,000 | 567,215,000 | 577,406,000 |
| Interest-bearing deposits | 512,769,000 | 529,610,000 | 536,036,000 | 550,802,000 |
| Noninterest-bearing deposits | 30,560,000 | 32,047,000 | 31,179,000 | 26,604,000 |
| Equity capital | 56,255,000 | 55,194,000 | 55,617,000 | 55,288,000 |
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 | 8,464,000 | 16,632,000 | 24,711,000 | 32,886,000 |
| Interest expense | 2,248,000 | 4,400,000 | 6,418,000 | 8,330,000 |
| Net interest income | 6,216,000 | 12,232,000 | 18,293,000 | 24,556,000 |
| Noninterest income | 670,000 | 1,435,000 | 2,176,000 | 3,214,000 |
| Noninterest expense | 4,346,000 | 8,393,000 | 12,937,000 | 17,572,000 |
| Provision for loan losses | 1,550,000 | 6,255,000 | 7,755,000 | 9,575,000 |
| Pretax income | 1,318,000 | -179,000 | 579,000 | 1,725,000 |
| Income tax | 379,000 | -191,000 | 123,000 | 57,000 |
| Net income | 939,000 | 12,000 | 456,000 | 1,668,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,306,000 | 53,692,000 | 53,799,000 | 55,023,000 |
| Total capital | 61,585,000 | 59,909,000 | 59,911,000 | 61,116,000 |
| Risk-weighted assets | 500,398,000 | 494,835,000 | 485,750,000 | 485,022,000 |