Call reports 2010
WESTERN RESERVE BANK — 2010
What WESTERN RESERVE 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 | 203,640,000 | 207,897,000 | 202,029,000 | 191,326,000 |
| Total loans | 167,038,000 | 165,367,000 | 162,489,000 | 159,741,000 |
| Allowance for loan losses | 2,322,000 | 3,058,000 | 3,919,000 | 4,544,000 |
| Securities available for sale | 9,722,000 | 9,614,000 | 12,741,000 | 12,993,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 181,477,000 | 185,742,000 | 181,374,000 | 171,971,000 |
| Interest-bearing deposits | 160,882,000 | 164,235,000 | 160,420,000 | 148,702,000 |
| Noninterest-bearing deposits | 20,595,000 | 21,507,000 | 20,954,000 | 23,269,000 |
| Equity capital | 18,660,000 | 18,545,000 | 18,102,000 | 16,923,000 |
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 | 2,253,000 | 4,529,000 | 6,815,000 | 9,056,000 |
| Interest expense | 651,000 | 1,228,000 | 1,763,000 | 2,273,000 |
| Net interest income | 1,602,000 | 3,301,000 | 5,052,000 | 6,783,000 |
| Noninterest income | 146,000 | 249,000 | 492,000 | 636,000 |
| Noninterest expense | 1,342,000 | 2,612,000 | 4,045,000 | 5,481,000 |
| Provision for loan losses | 786,000 | 1,568,000 | 2,968,000 | 4,913,000 |
| Pretax income | -380,000 | -630,000 | -1,469,000 | -2,975,000 |
| Income tax | -151,000 | -258,000 | -566,000 | -1,084,000 |
| Net income | -229,000 | -372,000 | -903,000 | -1,891,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 18,376,000 | 18,234,000 | 17,702,000 | 16,029,000 |
| Total capital | 20,492,000 | 20,341,000 | 19,764,000 | 18,060,000 |
| Risk-weighted assets | 169,085,000 | 167,618,000 | 163,144,000 | 159,578,000 |