Call reports 2010
OGLETHORPE BANK — 2010
What OGLETHORPE 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 | 251,151,000 | 240,478,000 | 230,585,000 | 211,149,000 |
| Total loans | 197,634,000 | 187,704,000 | 172,320,000 | 158,773,000 |
| Allowance for loan losses | 6,475,000 | 6,558,000 | 5,119,000 | 4,763,000 |
| Securities available for sale | 13,276,000 | 9,191,000 | 16,932,000 | 15,880,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 224,825,000 | 218,819,000 | 212,734,000 | 201,369,000 |
| Interest-bearing deposits | 214,588,000 | 208,691,000 | 203,751,000 | 192,295,000 |
| Noninterest-bearing deposits | 10,237,000 | 10,129,000 | 8,984,000 | 9,074,000 |
| Equity capital | 8,912,000 | 6,149,000 | 2,354,000 | -5,665,000 |
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 | 2,783,000 | 5,354,000 | 7,675,000 | 9,732,000 |
| Interest expense | 1,286,000 | 2,498,000 | 3,700,000 | 4,805,000 |
| Net interest income | 1,497,000 | 2,856,000 | 3,975,000 | 4,927,000 |
| Noninterest income | -102,000 | 96,000 | 92,000 | 189,000 |
| Noninterest expense | 1,818,000 | 3,543,000 | 5,341,000 | 7,691,000 |
| Provision for loan losses | 0 | 3,050,000 | 6,200,000 | 12,709,000 |
| Pretax income | -423,000 | -3,472,000 | -7,169,000 | -14,979,000 |
| Income tax | -7,000 | -15,000 | -23,000 | -31,000 |
| Net income | -416,000 | -3,457,000 | -7,146,000 | -14,948,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,776,000 | 5,057,000 | 2,436,000 | -5,348,000 |
| Total capital | 10,140,000 | 7,312,000 | 4,658,000 | -5,348,000 |
| Risk-weighted assets | 184,919,000 | 176,138,000 | 174,097,000 | 162,339,000 |