Call reports 2010
ARMED FORCES BANK, NATIONAL ASSOCIATION — 2010
What ARMED FORCES BANK, NATIONAL ASSOCIATION 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 | 834,752,000 | 824,893,000 | 811,054,000 | 2,046,554,000 |
| Total loans | 302,771,000 | 278,210,000 | 265,079,000 | 1,070,659,000 |
| Allowance for loan losses | 30,302,000 | 35,236,000 | 28,102,000 | 151,674,000 |
| Securities available for sale | 77,365,000 | 75,433,000 | 73,322,000 | 233,732,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 713,690,000 | 700,209,000 | 681,734,000 | 1,567,299,000 |
| Interest-bearing deposits | 487,579,000 | 485,911,000 | 478,816,000 | 1,256,204,000 |
| Noninterest-bearing deposits | 226,111,000 | 214,298,000 | 202,918,000 | 311,095,000 |
| Equity capital | 110,805,000 | 116,234,000 | 122,606,000 | 301,369,000 |
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 | 3,593,000 | 6,710,000 | 9,861,000 | 113,931,000 |
| Interest expense | 833,000 | 1,580,000 | 2,227,000 | 71,959,000 |
| Net interest income | 2,760,000 | 5,130,000 | 7,634,000 | 41,972,000 |
| Noninterest income | 23,305,000 | 51,641,000 | 76,561,000 | 165,745,000 |
| Noninterest expense | 14,538,000 | 29,489,000 | 44,858,000 | 159,549,000 |
| Provision for loan losses | 7,000,000 | 14,000,000 | 15,450,000 | 66,950,000 |
| Pretax income | 4,527,000 | 13,379,000 | 23,984,000 | -18,362,000 |
| Income tax | 1,761,000 | 5,205,000 | 9,330,000 | 11,593,000 |
| Net income | 2,766,000 | 8,174,000 | 14,654,000 | -29,955,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 99,262,000 | 104,737,000 | 111,285,000 | 293,616,000 |
| Total capital | 104,019,000 | 109,425,000 | 115,759,000 | 312,165,000 |
| Risk-weighted assets | 351,868,000 | 338,719,000 | 327,457,000 | 1,345,843,000 |