Call reports 2011
GLOBAL TRUST BANK — 2011
What GLOBAL TRUST BANK reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Total assets | 72,984,000 | 77,134,000 | 86,651,000 |
| Total loans | 45,694,000 | 55,131,000 | 57,613,000 |
| Allowance for loan losses | 945,000 | 945,000 | 954,000 |
| Securities available for sale | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 57,234,000 | 61,488,000 | 70,812,000 |
| Interest-bearing deposits | 51,492,000 | 54,865,000 | 63,181,000 |
| Noninterest-bearing deposits | 5,742,000 | 6,623,000 | 7,631,000 |
| Equity capital | 15,528,000 | 15,431,000 | 15,578,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Interest income | 694,000 | 1,555,000 | 2,539,000 |
| Interest expense | 155,000 | 330,000 | 540,000 |
| Net interest income | 539,000 | 1,225,000 | 1,999,000 |
| Noninterest income | -9,000 | 1,000 | 21,000 |
| Noninterest expense | 898,000 | 1,719,000 | 2,379,000 |
| Provision for loan losses | 151,000 | 151,000 | 160,000 |
| Pretax income | -519,000 | -644,000 | -519,000 |
| Income tax | -1,000 | -1,000 | -1,000 |
| Net income | -518,000 | -643,000 | -518,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 |
|---|---|---|---|
| Tier 1 capital | 15,528,000 | 15,431,000 | 15,578,000 |
| Total capital | 16,158,000 | 16,137,000 | 16,378,000 |
| Risk-weighted assets | 49,769,000 | 58,678,000 | 63,872,000 |