Call reports 2006
FIRST RELIANCE BANK — 2006
What FIRST RELIANCE 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 | 419,344,000 | 433,447,000 | 450,646,000 | 458,504,000 |
| Total loans | 334,758,000 | 361,370,000 | 369,660,000 | 360,122,000 |
| Allowance for loan losses | 3,594,000 | 3,832,000 | 3,961,000 | 4,002,000 |
| Securities available for sale | 37,357,000 | 36,102,000 | 36,073,000 | 35,620,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 356,071,000 | 355,005,000 | 374,410,000 | 376,837,000 |
| Interest-bearing deposits | 311,775,000 | 307,863,000 | 332,375,000 | 330,830,000 |
| Noninterest-bearing deposits | 44,296,000 | 47,142,000 | 42,035,000 | 46,007,000 |
| Equity capital | 39,200,000 | 39,820,000 | 41,250,000 | 42,390,000 |
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 | 7,024,000 | 14,651,000 | 23,131,000 | 31,698,000 |
| Interest expense | 2,888,000 | 6,014,000 | 9,819,000 | 13,685,000 |
| Net interest income | 4,136,000 | 8,637,000 | 13,312,000 | 18,013,000 |
| Noninterest income | 1,092,000 | 2,357,000 | 3,590,000 | 4,756,000 |
| Noninterest expense | 3,999,000 | 7,955,000 | 11,929,000 | 16,218,000 |
| Provision for loan losses | 250,000 | 691,000 | 1,168,000 | 1,392,000 |
| Pretax income | 979,000 | 2,348,000 | 3,805,000 | 5,159,000 |
| Income tax | 302,000 | 761,000 | 1,242,000 | 1,498,000 |
| Net income | 677,000 | 1,587,000 | 2,563,000 | 3,661,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2006Q1 | 2006Q2 | 2006Q3 | 2006Q4 |
|---|---|---|---|---|
| Tier 1 capital | 39,457,000 | 40,368,000 | 41,343,000 | 42,442,000 |
| Total capital | 43,051,000 | 44,200,000 | 45,304,000 | 46,444,000 |
| Risk-weighted assets | 353,144,000 | 378,046,000 | 391,259,000 | 391,661,000 |