Call reports 2010
SMARTBANK — 2010
What SMARTBANK 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 | 281,431,000 | 297,270,000 | 302,293,000 | 303,918,000 |
| Total loans | 220,977,000 | 232,393,000 | 236,520,000 | 237,271,000 |
| Allowance for loan losses | 2,862,000 | 3,022,000 | 3,548,000 | 3,609,000 |
| Securities available for sale | 28,672,000 | 30,332,000 | 32,627,000 | 40,437,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 235,555,000 | 254,139,000 | 263,870,000 | 258,530,000 |
| Interest-bearing deposits | 220,358,000 | 239,440,000 | 246,133,000 | 239,715,000 |
| Noninterest-bearing deposits | 15,197,000 | 14,699,000 | 17,737,000 | 18,815,000 |
| Equity capital | 30,816,000 | 31,594,000 | 31,709,000 | 31,494,000 |
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 | 3,159,000 | 6,548,000 | 10,057,000 | 13,613,000 |
| Interest expense | 1,216,000 | 2,446,000 | 3,583,000 | 4,611,000 |
| Net interest income | 1,943,000 | 4,102,000 | 6,474,000 | 9,002,000 |
| Noninterest income | 239,000 | 462,000 | 747,000 | 1,045,000 |
| Noninterest expense | 1,867,000 | 3,821,000 | 5,796,000 | 7,804,000 |
| Provision for loan losses | 123,000 | 336,000 | 869,000 | 1,365,000 |
| Pretax income | 192,000 | 407,000 | 897,000 | 1,219,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | 192,000 | 407,000 | 897,000 | 1,219,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 30,348,000 | 30,591,000 | 31,015,000 | 31,368,000 |
| Total capital | 33,160,000 | 33,583,000 | 34,082,000 | 34,391,000 |
| Risk-weighted assets | 224,980,000 | 239,338,000 | 244,877,000 | 241,591,000 |