Call reports 2010

FIRST COVENANT BANK — 2010

Name: FIRST COVENANT BANK — FFIEC call report 2010
Creator: FIRST COVENANT BANK

What FIRST COVENANT BANK reported to the FFIEC in 2010, quarter by quarter.

PERIOD: 2010SOURCE: FFIEC Call ReportEvery measure source-linked

Cite: FACTANKER, https://factanker.com/entity/d94ace99-84e0-4ba9-8efb-1587e1bb69db/2010

Balance sheet

What the bank holds and owes at quarter end

Measure	2010Q1	2010Q2	2010Q3	2010Q4
Total assets	177,602,000	172,263,000	163,058,000	153,488,000
Total loans	133,671,000	129,144,000	123,156,000	110,446,000
Allowance for loan losses	4,842,000	2,044,000	2,045,000	1,982,000
Securities available for sale	21,482,000	18,024,000	10,030,000	9,323,000
Securities held to maturity	0	0	0	0
Trading assets	0	0	0	0
Total deposits	166,630,000	161,611,000	148,968,000	143,152,000
Interest-bearing deposits	122,741,000	119,586,000	111,340,000	108,867,000
Noninterest-bearing deposits	43,889,000	42,025,000	37,628,000	34,285,000
Equity capital	8,883,000	9,126,000	9,933,000	9,143,000

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	1,915,000	4,134,000	6,474,000	7,979,000
Interest expense	567,000	1,087,000	1,570,000	1,932,000
Net interest income	1,348,000	3,047,000	4,904,000	6,047,000
Noninterest income	331,000	669,000	772,000	2,467,000
Noninterest expense	1,884,000	3,894,000	5,817,000	8,213,000
Provision for loan losses	233,000	248,000	263,000	1,515,000
Pretax income	-365,000	-451,000	-486,000	-1,265,000
Income tax	0	0	0	0
Net income	-365,000	-451,000	-486,000	-1,265,000

Basel measures — not reported for every quarter

Measure	2010Q1	2010Q2	2010Q3	2010Q4
Tier 1 capital	9,993,000	9,824,000	9,894,000	9,283,000
Total capital	11,878,000	11,703,000	11,671,000	10,931,000
Risk-weighted assets	147,850,000	150,126,000	141,950,000	131,545,000