Call reports 2009
SOLUTIONSBANK — 2009
What SOLUTIONSBANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 |
|---|---|---|---|
| Total assets | 533,107,000 | 557,622,000 | 511,103,000 |
| Total loans | 443,206,000 | 430,564,000 | 414,318,000 |
| Allowance for loan losses | 14,020,000 | 18,528,000 | 22,054,000 |
| Securities available for sale | 15,287,000 | 13,885,000 | 31,012,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 421,114,000 | 458,572,000 | 421,271,000 |
| Interest-bearing deposits | 390,888,000 | 422,426,000 | 396,707,000 |
| Noninterest-bearing deposits | 30,226,000 | 36,146,000 | 24,564,000 |
| Equity capital | 32,732,000 | 23,736,000 | 15,833,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 |
|---|---|---|---|
| Interest income | 6,134,000 | 12,139,000 | 17,711,000 |
| Interest expense | 3,738,000 | 7,286,000 | 10,707,000 |
| Net interest income | 2,396,000 | 4,853,000 | 7,004,000 |
| Noninterest income | 566,000 | 1,060,000 | 1,454,000 |
| Noninterest expense | 5,752,000 | 9,516,000 | 12,559,000 |
| Provision for loan losses | 9,090,000 | 17,244,000 | 24,744,000 |
| Pretax income | -11,880,000 | -20,847,000 | -28,845,000 |
| Income tax | -2,292,000 | -2,292,000 | -2,285,000 |
| Net income | -9,588,000 | -18,555,000 | -26,560,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 |
|---|---|---|---|
| Tier 1 capital | 31,608,000 | 22,112,000 | 13,503,000 |
| Total capital | 37,112,000 | 27,541,000 | 18,782,000 |
| Risk-weighted assets | 431,819,000 | 422,273,000 | 405,941,000 |