Call reports 2009
APPLIED BANK — 2009
What APPLIED BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 230,142,000 | 248,533,000 | 284,616,000 | 313,341,000 |
| Total loans | 15,211,000 | 15,604,000 | 21,551,000 | 42,781,000 |
| Allowance for loan losses | 287,000 | 277,000 | 311,000 | 525,000 |
| Securities available for sale | 176,351,000 | 191,696,000 | 219,023,000 | 218,882,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 161,993,000 | 177,774,000 | 209,251,000 | 236,774,000 |
| Interest-bearing deposits | 24,454,000 | 25,563,000 | 27,915,000 | 31,276,000 |
| Noninterest-bearing deposits | 137,539,000 | 152,211,000 | 181,336,000 | 205,498,000 |
| Equity capital | 67,281,000 | 69,937,000 | 74,664,000 | 75,797,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 817,000 | 1,812,000 | 2,795,000 | 4,099,000 |
| Interest expense | 78,000 | 129,000 | 173,000 | 194,000 |
| Net interest income | 739,000 | 1,683,000 | 2,622,000 | 3,905,000 |
| Noninterest income | 4,992,000 | 9,171,000 | 13,081,000 | 16,753,000 |
| Noninterest expense | 3,173,000 | 6,029,000 | 9,035,000 | 12,438,000 |
| Provision for loan losses | -2,000 | 11,000 | 59,000 | 285,000 |
| Pretax income | 2,623,000 | 4,877,000 | 6,672,000 | 7,998,000 |
| Income tax | 127,000 | 237,000 | 324,000 | 389,000 |
| Net income | 2,496,000 | 4,640,000 | 6,348,000 | 7,609,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 65,944,000 | 68,554,000 | 72,680,000 | 73,858,000 |
| Total capital | 66,232,000 | 68,831,000 | 72,991,000 | 74,383,000 |
| Risk-weighted assets | 60,876,000 | 67,590,000 | 66,195,000 | 87,316,000 |