Call reports 2011
ARMED FORCES BANK, NATIONAL ASSOCIATION — 2011
What ARMED FORCES BANK, NATIONAL ASSOCIATION 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 | 1,941,723,000 | 1,912,897,000 | 2,006,593,000 | 1,839,722,000 |
| Total loans | 970,640,000 | 898,203,000 | 765,498,000 | 681,381,000 |
| Allowance for loan losses | 144,842,000 | 131,778,000 | 107,762,000 | 95,715,000 |
| Securities available for sale | 226,443,000 | 325,529,000 | 264,990,000 | 496,797,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,469,404,000 | 1,437,023,000 | 1,534,055,000 | 1,387,512,000 |
| Interest-bearing deposits | 1,183,532,000 | 1,164,321,000 | 1,185,238,000 | 1,054,337,000 |
| Noninterest-bearing deposits | 285,872,000 | 272,702,000 | 348,817,000 | 333,175,000 |
| Equity capital | 303,784,000 | 315,450,000 | 312,232,000 | 291,964,000 |
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 | 12,300,000 | 22,493,000 | 33,296,000 | 44,306,000 |
| Interest expense | 4,594,000 | 8,726,000 | 12,705,000 | 16,243,000 |
| Net interest income | 7,706,000 | 13,767,000 | 20,591,000 | 28,063,000 |
| Noninterest income | 24,613,000 | 53,132,000 | 71,431,000 | 71,155,000 |
| Noninterest expense | 28,793,000 | 54,858,000 | 81,770,000 | 110,333,000 |
| Provision for loan losses | 1,500,000 | 2,300,000 | 6,300,000 | 6,800,000 |
| Pretax income | 2,130,000 | 9,845,000 | 4,056,000 | -17,368,000 |
| Income tax | -442,000 | -1,902,000 | -3,213,000 | -4,379,000 |
| Net income | 2,572,000 | 11,747,000 | 7,269,000 | -12,989,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 296,256,000 | 305,499,000 | 301,087,000 | 280,879,000 |
| Total capital | 313,469,000 | 321,853,000 | 315,626,000 | 294,471,000 |
| Risk-weighted assets | 1,245,068,000 | 1,186,491,000 | 1,059,575,000 | 995,659,000 |