Call reports 2011
FIRST BANK OF GREENWICH, THE — 2011
What FIRST BANK OF GREENWICH, THE reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 55,904,000 | 65,047,000 | 69,990,000 | 75,343,000 |
| Total loans | 42,434,000 | 43,464,000 | 43,821,000 | 56,036,000 |
| Allowance for loan losses | 771,000 | 809,000 | 837,000 | 723,000 |
| Securities available for sale | 5,194,000 | 11,295,000 | 19,094,000 | 12,542,000 |
| Securities held to maturity | 0 | 0 | 1,998,000 | 2,000,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 47,561,000 | 57,072,000 | 62,214,000 | 62,433,000 |
| Interest-bearing deposits | 38,280,000 | 44,784,000 | 47,504,000 | 43,078,000 |
| Noninterest-bearing deposits | 9,281,000 | 12,288,000 | 14,710,000 | 19,355,000 |
| Equity capital | 8,058,000 | 7,651,000 | 7,485,000 | 7,572,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 627,000 | 1,280,000 | 2,002,000 | 2,842,000 |
| Interest expense | 120,000 | 232,000 | 350,000 | 453,000 |
| Net interest income | 507,000 | 1,048,000 | 1,652,000 | 2,389,000 |
| Noninterest income | 16,000 | 32,000 | 89,000 | 111,000 |
| Noninterest expense | 857,000 | 1,820,000 | 2,673,000 | 3,488,000 |
| Provision for loan losses | 75,000 | 113,000 | 150,000 | 35,000 |
| Pretax income | -409,000 | -853,000 | -924,000 | -845,000 |
| Income tax | 0 | 0 | 0 | 1,000 |
| Net income | -409,000 | -853,000 | -924,000 | -846,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,005,000 | 7,610,000 | 7,548,000 | 7,620,000 |
| Total capital | 8,529,000 | 8,154,000 | 8,150,000 | 8,280,000 |
| Risk-weighted assets | 40,882,000 | 43,278,000 | 47,916,000 | 52,748,000 |