Call reports 2011
ATLANTIC STEWARDSHIP BANK — 2011
What ATLANTIC STEWARDSHIP BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 697,900,000 | 697,971,000 | 703,764,000 | 707,051,000 |
| Total loans | 460,249,000 | 468,559,000 | 461,596,000 | 461,118,000 |
| Allowance for loan losses | 9,874,000 | 11,230,000 | 12,389,000 | 11,604,000 |
| Securities available for sale | 146,971,000 | 145,203,000 | 162,421,000 | 170,865,000 |
| Securities held to maturity | 41,467,000 | 40,433,000 | 38,944,000 | 37,361,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 592,528,000 | 589,503,000 | 588,389,000 | 594,166,000 |
| Interest-bearing deposits | 557,797,000 | 556,702,000 | 563,909,000 | 568,489,000 |
| Noninterest-bearing deposits | 34,731,000 | 32,801,000 | 24,480,000 | 25,677,000 |
| Equity capital | 55,830,000 | 57,888,000 | 64,366,000 | 63,103,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 7,766,000 | 15,803,000 | 23,809,000 | 31,564,000 |
| Interest expense | 1,702,000 | 3,388,000 | 4,993,000 | 6,460,000 |
| Net interest income | 6,064,000 | 12,415,000 | 18,816,000 | 25,104,000 |
| Noninterest income | 1,080,000 | 1,975,000 | 2,861,000 | 3,935,000 |
| Noninterest expense | 4,635,000 | 9,081,000 | 13,617,000 | 18,361,000 |
| Provision for loan losses | 1,675,000 | 3,590,000 | 5,920,000 | 10,845,000 |
| Pretax income | 834,000 | 1,740,000 | 2,615,000 | 975,000 |
| Income tax | 245,000 | 438,000 | 614,000 | -176,000 |
| Net income | 589,000 | 1,302,000 | 2,001,000 | 1,151,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 55,625,000 | 56,346,000 | 62,044,000 | 61,193,000 |
| Total capital | 61,738,000 | 62,595,000 | 68,292,000 | 67,516,000 |
| Risk-weighted assets | 485,294,000 | 494,936,000 | 493,668,000 | 500,570,000 |