Call reports 2010
SHOREBANK — 2010
What SHOREBANK reported to the FFIEC in 2010, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2010Q1 | 2010Q2 |
|---|---|---|
| Total assets | 2,277,061,000 | 2,166,431,000 |
| Total loans | 1,361,320,000 | 1,324,403,000 |
| Allowance for loan losses | 82,669,000 | 90,007,000 |
| Securities available for sale | 655,355,000 | 694,279,000 |
| Securities held to maturity | 11,478,000 | 11,462,000 |
| Trading assets | 0 | 0 |
| Total deposits | 1,642,380,000 | 1,547,403,000 |
| Interest-bearing deposits | 1,616,940,000 | 1,516,691,000 |
| Noninterest-bearing deposits | 25,440,000 | 30,712,000 |
| Equity capital | 23,815,000 | 9,396,000 |
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 |
|---|---|---|
| Interest income | 24,562,000 | 47,605,000 |
| Interest expense | 13,796,000 | 27,509,000 |
| Net interest income | 10,766,000 | 20,096,000 |
| Noninterest income | 1,139,000 | 303,000 |
| Noninterest expense | 14,006,000 | 29,411,000 |
| Provision for loan losses | 15,000,000 | 31,260,000 |
| Pretax income | -17,338,000 | -39,554,000 |
| Income tax | 0 | 0 |
| Net income | -17,338,000 | -39,554,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 |
|---|---|---|
| Tier 1 capital | 26,262,000 | 4,119,000 |
| Total capital | 43,098,000 | 8,238,000 |
| Risk-weighted assets | 1,280,610,000 | 1,244,219,000 |