Call reports 2010
BEACON BUSINESS BANK, NATIONAL ASSOCIATION — 2010
What BEACON BUSINESS BANK, NATIONAL ASSOCIATION 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 | 175,704,000 | 160,529,000 | 146,335,000 | 125,668,000 |
| Total loans | 110,314,000 | 100,578,000 | 97,219,000 | 89,633,000 |
| Allowance for loan losses | 3,107,000 | 3,018,000 | 3,677,000 | 3,545,000 |
| Securities available for sale | 29,132,000 | 23,425,000 | 22,022,000 | 21,960,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 126,275,000 | 118,131,000 | 106,468,000 | 106,396,000 |
| Interest-bearing deposits | 107,968,000 | 98,193,000 | 79,452,000 | 80,755,000 |
| Noninterest-bearing deposits | 18,308,000 | 19,938,000 | 27,016,000 | 25,641,000 |
| Equity capital | 12,887,000 | 10,972,000 | 13,348,000 | 12,006,000 |
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 | 1,868,000 | 3,524,000 | 5,120,000 | 6,666,000 |
| Interest expense | 636,000 | 1,190,000 | 1,647,000 | 2,244,000 |
| Net interest income | 1,232,000 | 2,334,000 | 3,473,000 | 4,422,000 |
| Noninterest income | 109,000 | 29,000 | 170,000 | 311,000 |
| Noninterest expense | 1,395,000 | 2,825,000 | 4,485,000 | 6,128,000 |
| Provision for loan losses | 160,000 | 1,975,000 | 2,035,000 | 2,035,000 |
| Pretax income | 613,000 | -1,602,000 | -1,936,000 | -2,489,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 613,000 | -1,602,000 | -1,936,000 | -2,489,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,634,000 | 10,419,000 | 12,235,000 | 11,682,000 |
| Total capital | 14,179,000 | 11,811,000 | 13,564,000 | 12,911,000 |
| Risk-weighted assets | 121,984,000 | 109,679,000 | 103,846,000 | 95,875,000 |