Call reports 2010
FIRST PORT CITY BANK — 2010
What FIRST PORT CITY 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 | 119,886,000 | 118,318,000 | 120,719,000 | 128,553,000 |
| Total loans | 77,270,000 | 76,104,000 | 75,102,000 | 76,437,000 |
| Allowance for loan losses | 1,888,000 | 1,978,000 | 2,041,000 | 2,131,000 |
| Securities available for sale | 25,511,000 | 23,063,000 | 26,850,000 | 27,394,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 95,708,000 | 93,868,000 | 95,974,000 | 104,402,000 |
| Interest-bearing deposits | 82,132,000 | 80,865,000 | 82,326,000 | 87,450,000 |
| Noninterest-bearing deposits | 13,576,000 | 13,003,000 | 13,648,000 | 16,952,000 |
| Equity capital | 13,765,000 | 13,983,000 | 14,294,000 | 14,081,000 |
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 | 1,291,000 | 2,608,000 | 3,890,000 | 5,200,000 |
| Interest expense | 427,000 | 840,000 | 1,254,000 | 1,671,000 |
| Net interest income | 864,000 | 1,768,000 | 2,636,000 | 3,529,000 |
| Noninterest income | 123,000 | 253,000 | 381,000 | 516,000 |
| Noninterest expense | 638,000 | 1,296,000 | 1,956,000 | 2,643,000 |
| Provision for loan losses | 57,000 | 147,000 | 238,000 | 328,000 |
| Pretax income | 292,000 | 593,000 | 841,000 | 1,092,000 |
| Income tax | 82,000 | 173,000 | 247,000 | 181,000 |
| Net income | 210,000 | 420,000 | 594,000 | 911,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,639,000 | 13,799,000 | 13,922,000 | 14,184,000 |
| Total capital | 14,715,000 | 14,865,000 | 14,978,000 | 15,276,000 |
| Risk-weighted assets | 86,430,000 | 84,377,000 | 83,573,000 | 86,476,000 |