Call reports 2010
ALTERRA BANK — 2010
What ALTERRA 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 | 102,584,000 | 102,920,000 | 116,962,000 | 120,845,000 |
| Total loans | 69,660,000 | 67,550,000 | 71,567,000 | 81,622,000 |
| Allowance for loan losses | 2,442,000 | 51,000 | 547,000 | 682,000 |
| Securities available for sale | 0 | 12,840,000 | 504,000 | 0 |
| Securities held to maturity | 14,294,000 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 83,215,000 | 77,719,000 | 92,857,000 | 96,515,000 |
| Interest-bearing deposits | 75,690,000 | 68,354,000 | 81,284,000 | 86,559,000 |
| Noninterest-bearing deposits | 7,525,000 | 9,365,000 | 11,573,000 | 9,956,000 |
| Equity capital | 7,741,000 | 12,379,000 | 12,096,000 | 13,792,000 |
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 | 1,209,000 | 771,000 | 2,042,000 | 3,473,000 |
| Interest expense | 595,000 | 201,000 | 536,000 | 920,000 |
| Net interest income | 614,000 | 570,000 | 1,506,000 | 2,553,000 |
| Noninterest income | 78,000 | 29,000 | 101,000 | 178,000 |
| Noninterest expense | 861,000 | 813,000 | 1,813,000 | 2,780,000 |
| Provision for loan losses | 275,000 | 50,000 | 550,000 | 775,000 |
| Pretax income | -444,000 | -264,000 | -662,000 | -730,000 |
| Income tax | 0 | -98,000 | -245,000 | 1,000 |
| Net income | -444,000 | -166,000 | -417,000 | -731,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,190,000 | 9,445,000 | 9,195,000 | 10,641,000 |
| Total capital | 6,137,000 | 9,496,000 | 9,742,000 | 11,323,000 |
| Risk-weighted assets | 74,254,000 | 66,174,000 | 68,592,000 | 77,968,000 |