Call reports 2009
LOCUS BANK, INC. — 2009
What LOCUS BANK, INC. 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 | 11,416,000 | 13,842,000 | 20,174,000 | 24,990,000 |
| Total loans | 3,713,000 | 3,935,000 | 5,063,000 | 8,432,000 |
| Allowance for loan losses | 55,000 | 57,000 | 60,000 | 106,000 |
| Securities available for sale | 1,005,000 | 0 | 0 | 1,417,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 4,587,000 | 7,116,000 | 13,338,000 | 18,155,000 |
| Interest-bearing deposits | 3,833,000 | 6,779,000 | 13,013,000 | 16,750,000 |
| Noninterest-bearing deposits | 754,000 | 337,000 | 325,000 | 1,405,000 |
| Equity capital | 6,737,000 | 6,632,000 | 6,736,000 | 6,709,000 |
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 | 108,000 | 225,000 | 339,000 | 520,000 |
| Interest expense | 13,000 | 40,000 | 83,000 | 150,000 |
| Net interest income | 95,000 | 185,000 | 256,000 | 370,000 |
| Noninterest income | 0 | 0 | 54,000 | 54,000 |
| Noninterest expense | 176,000 | 368,000 | 565,000 | 730,000 |
| Provision for loan losses | 12,000 | 15,000 | 17,000 | 63,000 |
| Pretax income | -93,000 | -198,000 | -272,000 | -369,000 |
| Income tax | 0 | 0 | -178,000 | -256,000 |
| Net income | -93,000 | -198,000 | -94,000 | -113,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 6,732,000 | 6,632,000 | 6,559,000 | 6,460,000 |
| Total capital | 6,787,000 | 6,689,000 | 6,619,000 | 6,566,000 |
| Risk-weighted assets | 9,731,000 | 12,739,000 | 13,543,000 | 19,494,000 |