Call reports 2009
FOUNDATION BANK — 2009
What FOUNDATION 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 | 107,734,000 | 108,286,000 | 112,565,000 | 111,414,000 |
| Total loans | 52,135,000 | 53,875,000 | 54,505,000 | 56,541,000 |
| Allowance for loan losses | 1,406,000 | 1,428,000 | 1,479,000 | 1,536,000 |
| Securities available for sale | 1,296,000 | 1,084,000 | 749,000 | 732,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 92,688,000 | 94,463,000 | 98,263,000 | 97,219,000 |
| Interest-bearing deposits | 77,204,000 | 77,725,000 | 82,098,000 | 77,468,000 |
| Noninterest-bearing deposits | 15,484,000 | 16,738,000 | 16,165,000 | 19,751,000 |
| Equity capital | 13,057,000 | 13,262,000 | 13,581,000 | 13,717,000 |
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 | 1,618,000 | 3,197,000 | 4,809,000 | 6,392,000 |
| Interest expense | 354,000 | 677,000 | 1,000,000 | 1,288,000 |
| Net interest income | 1,264,000 | 2,520,000 | 3,809,000 | 5,104,000 |
| Noninterest income | 422,000 | 931,000 | 1,462,000 | 1,944,000 |
| Noninterest expense | 1,152,000 | 2,497,000 | 3,729,000 | 5,207,000 |
| Provision for loan losses | 60,000 | 127,000 | 219,000 | 297,000 |
| Pretax income | 474,000 | 827,000 | 1,323,000 | 1,544,000 |
| Income tax | 162,000 | 306,000 | 494,000 | 577,000 |
| Net income | 312,000 | 521,000 | 829,000 | 967,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 13,051,000 | 13,260,000 | 13,568,000 | 13,706,000 |
| Total capital | 13,706,000 | 13,934,000 | 14,259,000 | 14,425,000 |
| Risk-weighted assets | 51,622,000 | 53,197,000 | 54,471,000 | 56,684,000 |