Call reports 2009
FIRST SOUND BANK — 2009
What FIRST SOUND 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 | 247,477,000 | 245,099,000 | 225,064,000 | 197,598,000 |
| Total loans | 205,948,000 | 202,182,000 | 191,121,000 | 175,607,000 |
| Allowance for loan losses | 6,460,000 | 8,352,000 | 8,551,000 | 14,021,000 |
| Securities available for sale | 2,695,000 | 1,500,000 | 1,280,000 | 1,216,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 187,801,000 | 216,874,000 | 192,527,000 | 182,173,000 |
| Interest-bearing deposits | 156,924,000 | 183,705,000 | 156,804,000 | 145,598,000 |
| Noninterest-bearing deposits | 30,877,000 | 33,169,000 | 35,723,000 | 36,575,000 |
| Equity capital | 24,762,000 | 20,194,000 | 14,309,000 | 5,800,000 |
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 | 3,690,000 | 7,027,000 | 10,152,000 | 12,927,000 |
| Interest expense | 871,000 | 1,681,000 | 2,304,000 | 2,861,000 |
| Net interest income | 2,819,000 | 5,346,000 | 7,848,000 | 10,066,000 |
| Noninterest income | 341,000 | 513,000 | 514,000 | 108,000 |
| Noninterest expense | 2,988,000 | 6,363,000 | 9,891,000 | 12,947,000 |
| Provision for loan losses | 209,000 | 4,069,000 | 8,919,000 | 16,169,000 |
| Pretax income | -37,000 | -4,573,000 | -10,448,000 | -18,942,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -37,000 | -4,573,000 | -10,448,000 | -18,942,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,321,000 | 19,799,000 | 13,936,000 | 5,455,000 |
| Total capital | 27,272,000 | 22,612,000 | 16,565,000 | 7,858,000 |
| Risk-weighted assets | 232,504,000 | 219,452,000 | 204,361,000 | 180,823,000 |