Call reports 2009
FIRST AVENUE NATIONAL BANK — 2009
What FIRST AVENUE NATIONAL 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 | 75,039,000 | 93,364,000 | 101,118,000 | 101,176,000 |
| Total loans | 56,049,000 | 56,212,000 | 59,307,000 | 67,556,000 |
| Allowance for loan losses | 960,000 | 930,000 | 1,032,000 | 1,291,000 |
| Securities available for sale | 4,452,000 | 5,686,000 | 18,012,000 | 17,412,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 56,501,000 | 75,512,000 | 83,117,000 | 83,089,000 |
| Interest-bearing deposits | 51,497,000 | 70,839,000 | 78,696,000 | 77,917,000 |
| Noninterest-bearing deposits | 5,004,000 | 4,673,000 | 4,421,000 | 5,172,000 |
| Equity capital | 11,265,000 | 11,012,000 | 10,864,000 | 10,478,000 |
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 | 931,000 | 1,893,000 | 3,000,000 | 4,189,000 |
| Interest expense | 469,000 | 977,000 | 1,539,000 | 2,064,000 |
| Net interest income | 462,000 | 916,000 | 1,461,000 | 2,125,000 |
| Noninterest income | 39,000 | 60,000 | 94,000 | 37,000 |
| Noninterest expense | 714,000 | 1,446,000 | 2,137,000 | 2,825,000 |
| Provision for loan losses | 109,000 | 246,000 | 474,000 | 954,000 |
| Pretax income | -302,000 | -654,000 | -943,000 | -1,498,000 |
| Income tax | -112,000 | -242,000 | -349,000 | -556,000 |
| Net income | -190,000 | -412,000 | -594,000 | -942,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 10,082,000 | 9,714,000 | 9,448,000 | 8,874,000 |
| Total capital | 10,918,000 | 10,582,000 | 10,355,000 | 9,857,000 |
| Risk-weighted assets | 66,796,000 | 69,376,000 | 72,454,000 | 78,327,000 |