Call reports 2009
PROMISEONE BANK — 2009
What PROMISEONE BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 23,762,000 | 32,744,000 | 43,569,000 | 54,834,000 |
| Total loans | 9,368,000 | 16,528,000 | 21,476,000 | 33,153,000 |
| Allowance for loan losses | 75,000 | 198,000 | 244,000 | 409,000 |
| Securities available for sale | 6,066,000 | 7,135,000 | 12,935,000 | 11,434,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 9,334,000 | 18,754,000 | 29,650,000 | 40,514,000 |
| Interest-bearing deposits | 8,372,000 | 17,239,000 | 28,106,000 | 38,359,000 |
| Noninterest-bearing deposits | 962,000 | 1,515,000 | 1,544,000 | 2,155,000 |
| Equity capital | 14,374,000 | 13,917,000 | 13,730,000 | 14,015,000 |
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 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 183,000 | 564,000 | 1,019,000 | 1,686,000 |
| Interest expense | 30,000 | 127,000 | 304,000 | 522,000 |
| Net interest income | 153,000 | 437,000 | 715,000 | 1,164,000 |
| Noninterest income | 3,000 | 7,000 | 87,000 | 162,000 |
| Noninterest expense | 458,000 | 957,000 | 1,535,000 | 2,163,000 |
| Provision for loan losses | 75,000 | 198,000 | 244,000 | 371,000 |
| Pretax income | -377,000 | -711,000 | -977,000 | -1,208,000 |
| Income tax | 0 | 0 | 0 | -588,000 |
| Net income | -377,000 | -711,000 | -977,000 | -620,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 14,293,000 | 13,369,000 | 13,103,000 | 12,871,000 |
| Total capital | 14,348,000 | 13,451,000 | 13,347,000 | 13,280,000 |
| Risk-weighted assets | 4,045,000 | 21,015,000 | 26,726,000 | 38,561,000 |