Call reports 2006
1ST CHOICE BANK — 2006
What 1ST CHOICE BANK reported to the FFIEC in 2006, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Total assets | 251,328,000 | 283,160,000 | 290,778,000 | 296,708,000 |
| Total loans | 168,233,000 | 171,546,000 | 174,803,000 | 175,781,000 |
| Allowance for loan losses | 1,893,000 | 1,972,000 | 2,118,000 | 2,109,000 |
| Securities available for sale | 33,225,000 | 36,276,000 | 38,413,000 | 40,157,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 229,708,000 | 261,066,000 | 266,941,000 | 271,321,000 |
| Interest-bearing deposits | 172,542,000 | 197,725,000 | 207,643,000 | 205,971,000 |
| Noninterest-bearing deposits | 57,166,000 | 63,341,000 | 59,298,000 | 65,350,000 |
| Equity capital | 20,431,000 | 21,073,000 | 22,552,000 | 23,862,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Interest income | 3,930,000 | 8,383,000 | 13,235,000 | 18,282,000 |
| Interest expense | 1,377,000 | 3,003,000 | 4,939,000 | 7,078,000 |
| Net interest income | 2,553,000 | 5,380,000 | 8,296,000 | 11,204,000 |
| Noninterest income | 215,000 | 385,000 | 586,000 | 783,000 |
| Noninterest expense | 1,297,000 | 2,633,000 | 3,956,000 | 5,259,000 |
| Provision for loan losses | 151,000 | 300,000 | 450,000 | 535,000 |
| Pretax income | 1,320,000 | 2,832,000 | 4,476,000 | 6,193,000 |
| Income tax | 450,000 | 969,000 | 1,532,000 | 2,119,000 |
| Net income | 870,000 | 1,863,000 | 2,944,000 | 4,074,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 21,168,000 | 22,161,000 | 23,242,000 | 24,371,000 |
| Total capital | 23,061,000 | 24,133,000 | 25,360,000 | 26,480,000 |
| Risk-weighted assets | 174,883,000 | 182,869,000 | 188,475,000 | 189,825,000 |