Call reports 2009
SHOREBANK — 2009
What SHOREBANK 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 | 2,691,618,000 | 2,655,932,000 | 2,545,897,000 | 2,246,737,000 |
| Total loans | 1,530,553,000 | 1,508,495,000 | 1,475,105,000 | 1,396,228,000 |
| Allowance for loan losses | 45,389,000 | 31,497,000 | 48,809,000 | 80,047,000 |
| Securities available for sale | 738,291,000 | 788,086,000 | 705,391,000 | 629,881,000 |
| Securities held to maturity | 22,661,000 | 22,668,000 | 22,656,000 | 22,662,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 1,806,184,000 | 1,773,347,000 | 1,650,931,000 | 1,603,248,000 |
| Interest-bearing deposits | 1,771,565,000 | 1,738,877,000 | 1,615,630,000 | 1,568,529,000 |
| Noninterest-bearing deposits | 34,619,000 | 34,470,000 | 35,301,000 | 34,719,000 |
| Equity capital | 153,057,000 | 148,514,000 | 139,769,000 | 36,284,000 |
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 | 32,849,000 | 64,263,000 | 94,237,000 | 119,190,000 |
| Interest expense | 18,236,000 | 36,888,000 | 54,657,000 | 69,958,000 |
| Net interest income | 14,613,000 | 27,375,000 | 39,580,000 | 49,232,000 |
| Noninterest income | 1,669,000 | 2,069,000 | 1,430,000 | 2,621,000 |
| Noninterest expense | 12,344,000 | 26,995,000 | 39,849,000 | 67,944,000 |
| Provision for loan losses | 2,705,000 | 7,155,000 | 29,924,000 | 101,024,000 |
| Pretax income | 3,170,000 | -777,000 | -19,174,000 | -103,229,000 |
| Income tax | 1,546,000 | -86,000 | -7,199,000 | 2,077,000 |
| Net income | 1,624,000 | -691,000 | -11,975,000 | -105,306,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 138,072,000 | 135,618,000 | 118,411,000 | 43,527,000 |
| Total capital | 156,618,000 | 154,358,000 | 136,578,000 | 60,777,000 |
| Risk-weighted assets | 1,456,155,000 | 1,485,799,000 | 1,423,875,000 | 1,316,614,000 |