Call reports 2010
PROMISEONE BANK — 2010
What PROMISEONE 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 | 57,047,000 | 62,099,000 | 72,601,000 | 80,715,000 |
| Total loans | 36,652,000 | 43,222,000 | 49,630,000 | 54,814,000 |
| Allowance for loan losses | 439,000 | 527,000 | 605,000 | 718,000 |
| Securities available for sale | 13,244,000 | 12,894,000 | 9,594,000 | 18,271,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 42,597,000 | 47,367,000 | 58,052,000 | 66,356,000 |
| Interest-bearing deposits | 40,661,000 | 45,814,000 | 55,793,000 | 61,432,000 |
| Noninterest-bearing deposits | 1,936,000 | 1,554,000 | 2,259,000 | 4,925,000 |
| Equity capital | 14,098,000 | 14,353,000 | 14,205,000 | 13,873,000 |
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 | 701,000 | 1,567,000 | 2,474,000 | 3,396,000 |
| Interest expense | 247,000 | 500,000 | 755,000 | 1,025,000 |
| Net interest income | 454,000 | 1,067,000 | 1,719,000 | 2,371,000 |
| Noninterest income | 218,000 | 356,000 | 519,000 | 668,000 |
| Noninterest expense | 600,000 | 1,216,000 | 2,065,000 | 3,002,000 |
| Provision for loan losses | 30,000 | 105,000 | 183,000 | 296,000 |
| Pretax income | 42,000 | 102,000 | 178,000 | -71,000 |
| Income tax | 0 | 0 | 0 | -12,000 |
| Net income | 42,000 | 102,000 | 178,000 | -59,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 12,893,000 | 12,954,000 | 13,028,000 | 12,981,000 |
| Total capital | 13,332,000 | 13,481,000 | 13,633,000 | 13,699,000 |
| Risk-weighted assets | 41,907,000 | 48,176,000 | 55,694,000 | 61,395,000 |