Call reports 2009
FLAGSHIP NATIONAL BANK — 2009
What FLAGSHIP NATIONAL 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 |
|---|---|---|---|
| Total assets | 198,476,000 | 194,104,000 | 177,563,000 |
| Total loans | 144,346,000 | 132,158,000 | 120,621,000 |
| Allowance for loan losses | 7,186,000 | 6,556,000 | 5,705,000 |
| Securities available for sale | 37,084,000 | 28,071,000 | 33,825,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 176,545,000 | 178,952,000 | 170,118,000 |
| Interest-bearing deposits | 166,296,000 | 168,819,000 | 161,738,000 |
| Noninterest-bearing deposits | 10,249,000 | 10,133,000 | 8,380,000 |
| Equity capital | 10,391,000 | 4,654,000 | -3,035,000 |
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 |
|---|---|---|---|
| Interest income | 2,244,000 | 4,234,000 | 6,051,000 |
| Interest expense | 1,582,000 | 3,036,000 | 4,424,000 |
| Net interest income | 662,000 | 1,198,000 | 1,627,000 |
| Noninterest income | 54,000 | 114,000 | 166,000 |
| Noninterest expense | 1,176,000 | 2,433,000 | 3,783,000 |
| Provision for loan losses | 3,930,000 | 8,793,000 | 16,198,000 |
| Pretax income | -4,385,000 | -9,699,000 | -17,963,000 |
| Income tax | 0 | 0 | 0 |
| Net income | -4,385,000 | -9,699,000 | -17,963,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 |
|---|---|---|---|
| Tier 1 capital | 9,991,000 | 4,691,000 | -3,556,000 |
| Total capital | 11,915,000 | 6,468,000 | -3,556,000 |
| Risk-weighted assets | 148,658,000 | 140,025,000 | 128,961,000 |