Call reports 2010
FIRST RELIANCE BANK — 2010
What FIRST RELIANCE 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 | 615,360,000 | 592,224,000 | 579,162,000 | 528,951,000 |
| Total loans | 396,687,000 | 379,787,000 | 371,429,000 | 359,280,000 |
| Allowance for loan losses | 6,725,000 | 7,049,000 | 6,820,000 | 6,271,000 |
| Securities available for sale | 121,580,000 | 122,168,000 | 90,363,000 | 84,432,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 531,823,000 | 508,766,000 | 493,559,000 | 460,290,000 |
| Interest-bearing deposits | 482,450,000 | 459,225,000 | 446,045,000 | 414,084,000 |
| Noninterest-bearing deposits | 49,373,000 | 49,541,000 | 47,514,000 | 46,206,000 |
| Equity capital | 53,165,000 | 54,158,000 | 55,295,000 | 53,199,000 |
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 | 7,532,000 | 14,677,000 | 21,536,000 | 28,058,000 |
| Interest expense | 3,109,000 | 6,100,000 | 8,811,000 | 11,035,000 |
| Net interest income | 4,423,000 | 8,577,000 | 12,725,000 | 17,023,000 |
| Noninterest income | 1,255,000 | 2,458,000 | 3,501,000 | 4,528,000 |
| Noninterest expense | 4,873,000 | 9,221,000 | 14,341,000 | 19,475,000 |
| Provision for loan losses | 186,000 | 2,066,000 | 3,542,000 | 3,541,000 |
| Pretax income | 621,000 | -250,000 | -854,000 | -662,000 |
| Income tax | -15,000 | -588,000 | -1,045,000 | -1,236,000 |
| Net income | 636,000 | 338,000 | 191,000 | 574,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 51,163,000 | 51,027,000 | 50,880,000 | 49,787,000 |
| Total capital | 56,853,000 | 56,555,000 | 56,222,000 | 55,041,000 |
| Risk-weighted assets | 454,148,000 | 440,755,000 | 425,856,000 | 419,316,000 |