Call reports 2010
FIRST CHOICE BANK — 2010
What FIRST CHOICE 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 | 238,028,000 | 234,677,000 | 231,241,000 | 231,767,000 |
| Total loans | 99,410,000 | 101,845,000 | 101,485,000 | 99,019,000 |
| Allowance for loan losses | 2,078,000 | 2,030,000 | 1,895,000 | 1,770,000 |
| Securities available for sale | 71,497,000 | 65,882,000 | 66,635,000 | 62,806,000 |
| Securities held to maturity | 29,824,000 | 32,096,000 | 34,791,000 | 35,205,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 204,928,000 | 200,707,000 | 196,671,000 | 198,166,000 |
| Interest-bearing deposits | 181,120,000 | 178,744,000 | 176,107,000 | 173,788,000 |
| Noninterest-bearing deposits | 23,808,000 | 21,963,000 | 20,564,000 | 24,378,000 |
| Equity capital | 31,358,000 | 32,227,000 | 32,844,000 | 31,927,000 |
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 | 2,346,000 | 4,823,000 | 7,283,000 | 9,621,000 |
| Interest expense | 635,000 | 1,293,000 | 1,930,000 | 2,528,000 |
| Net interest income | 1,711,000 | 3,530,000 | 5,353,000 | 7,093,000 |
| Noninterest income | 304,000 | 667,000 | 1,081,000 | 1,477,000 |
| Noninterest expense | 1,577,000 | 3,155,000 | 4,773,000 | 6,462,000 |
| Provision for loan losses | 50,000 | 50,000 | 50,000 | 50,000 |
| Pretax income | 388,000 | 992,000 | 1,611,000 | 2,058,000 |
| Income tax | 53,000 | 157,000 | 284,000 | 345,000 |
| Net income | 335,000 | 835,000 | 1,327,000 | 1,713,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,879,000 | 31,385,000 | 31,877,000 | 31,413,000 |
| Total capital | 32,321,000 | 32,914,000 | 33,265,000 | 32,783,000 |
| Risk-weighted assets | 114,747,000 | 121,838,000 | 110,494,000 | 109,166,000 |