Call reports 2010
GLOBAL TRUST BANK — 2010
What GLOBAL TRUST BANK 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 | 58,447,000 | 65,550,000 | 59,497,000 | 65,581,000 |
| Total loans | 24,911,000 | 31,396,000 | 30,146,000 | 37,399,000 |
| Allowance for loan losses | 541,000 | 544,000 | 632,000 | 794,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 41,269,000 | 43,106,000 | 42,521,000 | 49,367,000 |
| Interest-bearing deposits | 36,538,000 | 39,676,000 | 37,836,000 | 44,249,000 |
| Noninterest-bearing deposits | 4,731,000 | 3,430,000 | 4,685,000 | 5,118,000 |
| Equity capital | 16,993,000 | 16,651,000 | 16,451,000 | 16,017,000 |
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 | 504,000 | 1,106,000 | 1,753,000 | 2,402,000 |
| Interest expense | 148,000 | 318,000 | 541,000 | 681,000 |
| Net interest income | 356,000 | 788,000 | 1,212,000 | 1,721,000 |
| Noninterest income | 7,000 | 19,000 | 364,000 | 395,000 |
| Noninterest expense | 818,000 | 1,637,000 | 2,533,000 | 3,376,000 |
| Provision for loan losses | 46,000 | 49,000 | 137,000 | 299,000 |
| Pretax income | -501,000 | -879,000 | -1,094,000 | -1,559,000 |
| Income tax | 0 | 2,000 | 2,000 | 2,000 |
| Net income | -501,000 | -881,000 | -1,096,000 | -1,561,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 16,993,000 | 16,651,000 | 16,451,000 | 16,017,000 |
| Total capital | 17,304,000 | 17,045,000 | 16,827,000 | 16,547,000 |
| Risk-weighted assets | 32,789,000 | 38,764,000 | 36,364,000 | 42,177,000 |