Call reports 2012
FIRST COVENANT BANK — 2012
What FIRST COVENANT BANK reported to the FFIEC in 2012, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Total assets | 162,668,000 | 164,962,000 | 167,085,000 | 161,250,000 |
| Total loans | 96,926,000 | 96,545,000 | 97,328,000 | 89,137,000 |
| Allowance for loan losses | 1,537,000 | 1,395,000 | 1,337,000 | 1,331,000 |
| Securities available for sale | 18,849,000 | 18,395,000 | 22,002,000 | 24,518,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 153,470,000 | 155,152,000 | 157,311,000 | 151,127,000 |
| Interest-bearing deposits | 107,232,000 | 103,701,000 | 104,718,000 | 93,885,000 |
| Noninterest-bearing deposits | 46,238,000 | 51,451,000 | 52,593,000 | 57,242,000 |
| Equity capital | 8,662,000 | 9,218,000 | 9,229,000 | 9,603,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Interest income | 1,671,000 | 3,602,000 | 5,277,000 | 6,928,000 |
| Interest expense | 151,000 | 266,000 | 345,000 | 399,000 |
| Net interest income | 1,520,000 | 3,336,000 | 4,932,000 | 6,529,000 |
| Noninterest income | 651,000 | 996,000 | 1,411,000 | 1,958,000 |
| Noninterest expense | 2,083,000 | 4,043,000 | 5,991,000 | 7,954,000 |
| Provision for loan losses | 0 | -125,000 | -125,000 | -125,000 |
| Pretax income | 71,000 | 379,000 | 422,000 | 730,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 71,000 | 379,000 | 422,000 | 730,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2012Q1 | 2012Q2 | 2012Q3 | 2012Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,262,000 | 8,684,000 | 8,649,000 | 9,192,000 |
| Total capital | 9,737,000 | 10,096,000 | 9,986,000 | 10,528,000 |
| Risk-weighted assets | 117,972,000 | 120,557,000 | 120,051,000 | 112,950,000 |