Call reports 2006
APPLIED BANK — 2006
What APPLIED BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 844,565,000 | 345,681,000 | 315,459,000 | 220,308,000 |
| Total loans | 611,944,000 | 242,000 | 240,000 | 239,000 |
| Allowance for loan losses | 77,423,000 | 0 | 0 | 0 |
| Securities available for sale | 190,215,000 | 180,097,000 | 179,978,000 | 155,024,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 240,918,000 | 239,173,000 | 198,643,000 | 125,641,000 |
| Interest-bearing deposits | 231,165,000 | 208,937,000 | 162,755,000 | 113,192,000 |
| Noninterest-bearing deposits | 9,753,000 | 30,236,000 | 35,888,000 | 12,449,000 |
| Equity capital | 556,240,000 | 68,037,000 | 83,728,000 | 73,418,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 50,135,000 | 92,966,000 | 96,817,000 | 100,626,000 |
| Interest expense | 3,174,000 | 5,602,000 | 7,539,000 | 9,071,000 |
| Net interest income | 46,961,000 | 87,364,000 | 89,278,000 | 91,555,000 |
| Noninterest income | 57,029,000 | 116,434,000 | 141,113,000 | 160,795,000 |
| Noninterest expense | 51,669,000 | 103,535,000 | 114,260,000 | 123,391,000 |
| Provision for loan losses | -16,179,000 | 56,847,000 | 56,847,000 | 56,847,000 |
| Pretax income | 68,500,000 | 43,416,000 | 59,284,000 | 72,112,000 |
| Income tax | 2,536,000 | 2,342,000 | 2,582,000 | 2,776,000 |
| Net income | 65,964,000 | 41,074,000 | 56,702,000 | 69,336,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 556,287,000 | 52,480,000 | 73,562,000 | 55,224,000 |
| Total capital | 578,436,000 | 52,480,000 | 73,562,000 | 55,224,000 |
| Risk-weighted assets | 1,614,681,000 | 108,820,000 | 98,914,000 | 82,487,000 |