Call reports 2010
APPLIED BANK — 2010
What APPLIED 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 | 266,628,000 | 298,262,000 | 301,605,000 | 241,032,000 |
| Total loans | 41,114,000 | 60,758,000 | 58,134,000 | 59,538,000 |
| Allowance for loan losses | 534,000 | 732,000 | 754,000 | 769,000 |
| Securities available for sale | 142,301,000 | 114,179,000 | 4,761,000 | 4,754,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 188,475,000 | 215,440,000 | 217,521,000 | 188,532,000 |
| Interest-bearing deposits | 34,725,000 | 28,961,000 | 32,136,000 | 37,245,000 |
| Noninterest-bearing deposits | 153,750,000 | 186,479,000 | 185,385,000 | 151,287,000 |
| Equity capital | 77,261,000 | 81,933,000 | 83,309,000 | 51,877,000 |
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 | 1,551,000 | 2,971,000 | 4,412,000 | 5,859,000 |
| Interest expense | 18,000 | 34,000 | 47,000 | 64,000 |
| Net interest income | 1,533,000 | 2,937,000 | 4,365,000 | 5,795,000 |
| Noninterest income | 3,757,000 | 6,906,000 | 9,557,000 | 11,792,000 |
| Noninterest expense | 2,793,000 | 5,388,000 | 7,993,000 | 10,465,000 |
| Provision for loan losses | 28,000 | 238,000 | 267,000 | 290,000 |
| Pretax income | 2,469,000 | 4,217,000 | 5,662,000 | 6,832,000 |
| Income tax | 120,000 | 183,000 | 254,000 | 333,000 |
| Net income | 2,349,000 | 4,034,000 | 5,408,000 | 6,499,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 76,841,000 | 79,159,000 | 81,683,000 | 49,128,000 |
| Total capital | 77,375,000 | 79,890,000 | 82,384,000 | 49,843,000 |
| Risk-weighted assets | 87,062,000 | 90,297,000 | 56,028,000 | 56,438,000 |