Call reports 2010
PRIME BANK — 2010
What PRIME 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 | 50,040,000 | 52,161,000 | 52,884,000 | 52,142,000 |
| Total loans | 28,085,000 | 27,008,000 | 27,651,000 | 27,725,000 |
| Allowance for loan losses | 310,000 | 330,000 | 331,000 | 401,000 |
| Securities available for sale | 15,428,000 | 18,421,000 | 21,353,000 | 19,875,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,140,000 | 43,981,000 | 44,332,000 | 44,405,000 |
| Interest-bearing deposits | 35,520,000 | 38,454,000 | 39,680,000 | 40,228,000 |
| Noninterest-bearing deposits | 6,620,000 | 5,527,000 | 4,652,000 | 4,177,000 |
| Equity capital | 7,828,000 | 8,037,000 | 8,269,000 | 7,643,000 |
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 | 618,000 | 1,268,000 | 1,871,000 | 2,491,000 |
| Interest expense | 206,000 | 405,000 | 598,000 | 784,000 |
| Net interest income | 412,000 | 863,000 | 1,273,000 | 1,707,000 |
| Noninterest income | 40,000 | 86,000 | 134,000 | 177,000 |
| Noninterest expense | 366,000 | 726,000 | 1,069,000 | 1,406,000 |
| Provision for loan losses | 15,000 | 35,000 | 81,000 | 151,000 |
| Pretax income | 71,000 | 188,000 | 257,000 | 327,000 |
| Income tax | -2,000 | 18,000 | 24,000 | -14,000 |
| Net income | 73,000 | 170,000 | 233,000 | 341,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,671,000 | 7,791,000 | 7,854,000 | 7,737,000 |
| Total capital | 7,981,000 | 8,121,000 | 8,185,000 | 8,124,000 |
| Risk-weighted assets | 29,987,000 | 29,456,000 | 30,741,000 | 30,934,000 |