Call reports 2009
BANKFIRST — 2009
What BANKFIRST reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 |
|---|---|---|
| Total assets | 277,674,000 | 210,844,000 |
| Total loans | 203,426,000 | 153,611,000 |
| Allowance for loan losses | 37,382,000 | 38,674,000 |
| Securities available for sale | 24,767,000 | 16,956,000 |
| Securities held to maturity | 0 | 0 |
| Trading assets | 0 | 0 |
| Total deposits | 256,304,000 | 232,203,000 |
| Interest-bearing deposits | 245,201,000 | 220,546,000 |
| Noninterest-bearing deposits | 11,103,000 | 11,657,000 |
| Equity capital | 17,471,000 | -24,775,000 |
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 |
|---|---|---|
| Interest income | 2,043,000 | 4,249,000 |
| Interest expense | 1,708,000 | 3,182,000 |
| Net interest income | 335,000 | 1,067,000 |
| Noninterest income | -4,191,000 | -16,357,000 |
| Noninterest expense | 5,226,000 | 11,220,000 |
| Provision for loan losses | 5,468,000 | 31,499,000 |
| Pretax income | -14,376,000 | -57,835,000 |
| Income tax | 0 | -5,000 |
| Net income | -14,376,000 | -57,830,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 |
|---|---|---|
| Tier 1 capital | 17,077,000 | -25,182,000 |
| Total capital | 20,446,000 | -25,182,000 |
| Risk-weighted assets | 235,484,000 | 171,403,000 |