Call reports 2010
FINEMARK NATIONAL BANK & TRUST — 2010
What FINEMARK NATIONAL BANK & TRUST 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 | 269,586,000 | 302,763,000 | 329,320,000 | 366,695,000 |
| Total loans | 129,622,000 | 147,813,000 | 154,698,000 | 163,833,000 |
| Allowance for loan losses | 2,992,000 | 3,191,000 | 3,282,000 | 2,986,000 |
| Securities available for sale | 113,799,000 | 123,710,000 | 150,610,000 | 128,818,000 |
| Securities held to maturity | 0 | 0 | 0 | 50,121,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 201,340,000 | 223,332,000 | 251,649,000 | 284,067,000 |
| Interest-bearing deposits | 187,498,000 | 209,007,000 | 237,223,000 | 282,053,000 |
| Noninterest-bearing deposits | 13,842,000 | 14,325,000 | 14,426,000 | 2,014,000 |
| Equity capital | 27,812,000 | 28,565,000 | 31,453,000 | 29,878,000 |
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 | 2,209,000 | 4,840,000 | 7,727,000 | 10,662,000 |
| Interest expense | 843,000 | 1,924,000 | 3,138,000 | 4,307,000 |
| Net interest income | 1,366,000 | 2,916,000 | 4,589,000 | 6,355,000 |
| Noninterest income | 491,000 | 1,102,000 | 1,772,000 | 2,511,000 |
| Noninterest expense | 2,122,000 | 4,271,000 | 6,644,000 | 9,288,000 |
| Provision for loan losses | 124,000 | 323,000 | 414,000 | 559,000 |
| Pretax income | -389,000 | 60,000 | 835,000 | 746,000 |
| Income tax | -129,000 | 16,000 | 307,000 | 274,000 |
| Net income | -260,000 | 44,000 | 528,000 | 472,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 24,821,000 | 26,372,000 | 30,080,000 | 28,102,000 |
| Total capital | 26,621,000 | 28,369,000 | 32,181,000 | 30,471,000 |
| Risk-weighted assets | 142,807,000 | 158,564,000 | 166,929,000 | 188,886,000 |