Call reports 2010
CHARTER BANK — 2010
What CHARTER 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 | 78,535,000 | 81,820,000 | 87,963,000 | 91,620,000 |
| Total loans | 63,373,000 | 64,909,000 | 65,443,000 | 67,413,000 |
| Allowance for loan losses | 949,000 | 981,000 | 981,000 | 1,547,000 |
| Securities available for sale | 3,837,000 | 3,376,000 | 9,405,000 | 15,594,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,871,000 | 69,158,000 | 75,478,000 | 80,219,000 |
| Interest-bearing deposits | 60,015,000 | 63,802,000 | 68,513,000 | 73,897,000 |
| Noninterest-bearing deposits | 5,856,000 | 5,356,000 | 6,965,000 | 6,322,000 |
| Equity capital | 12,282,000 | 12,180,000 | 12,021,000 | 10,954,000 |
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 | 872,000 | 1,788,000 | 2,750,000 | 3,781,000 |
| Interest expense | 274,000 | 557,000 | 842,000 | 1,159,000 |
| Net interest income | 598,000 | 1,231,000 | 1,908,000 | 2,622,000 |
| Noninterest income | 18,000 | 45,000 | 96,000 | 138,000 |
| Noninterest expense | 763,000 | 1,548,000 | 2,408,000 | 3,384,000 |
| Provision for loan losses | 72,000 | 104,000 | 104,000 | 670,000 |
| Pretax income | -219,000 | -376,000 | -508,000 | -1,294,000 |
| Income tax | 8,000 | 15,000 | 22,000 | 30,000 |
| Net income | -227,000 | -391,000 | -530,000 | -1,324,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,310,000 | 12,158,000 | 12,032,000 | 11,250,000 |
| Total capital | 13,176,000 | 13,031,000 | 12,936,000 | 12,180,000 |
| Risk-weighted assets | 69,227,000 | 69,771,000 | 72,239,000 | 73,795,000 |