Call reports 2011
FIRST RELIANCE BANK — 2011
What FIRST RELIANCE 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 | 2011Q4 |
|---|---|---|---|---|
| Total assets | 529,752,000 | 511,579,000 | 511,549,000 | 495,443,000 |
| Total loans | 345,615,000 | 333,177,000 | 329,079,000 | 309,833,000 |
| Allowance for loan losses | 5,698,000 | 4,696,000 | 6,423,000 | 7,743,000 |
| Securities available for sale | 83,708,000 | 101,152,000 | 88,270,000 | 84,523,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 453,044,000 | 433,377,000 | 438,464,000 | 431,918,000 |
| Interest-bearing deposits | 401,755,000 | 380,222,000 | 380,112,000 | 375,517,000 |
| Noninterest-bearing deposits | 51,289,000 | 53,155,000 | 58,352,000 | 56,401,000 |
| Equity capital | 53,482,000 | 55,033,000 | 48,341,000 | 46,943,000 |
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 | 2011Q4 |
|---|---|---|---|---|
| Interest income | 5,963,000 | 11,892,000 | 17,787,000 | 23,302,000 |
| Interest expense | 1,844,000 | 3,534,000 | 5,071,000 | 6,475,000 |
| Net interest income | 4,119,000 | 8,358,000 | 12,716,000 | 16,827,000 |
| Noninterest income | 899,000 | 1,171,000 | 2,061,000 | 3,043,000 |
| Noninterest expense | 4,966,000 | 9,488,000 | 14,749,000 | 19,072,000 |
| Provision for loan losses | 241,000 | 524,000 | 3,561,000 | 5,403,000 |
| Pretax income | -144,000 | 98,000 | -2,918,000 | -3,990,000 |
| Income tax | -262,000 | -365,000 | 4,635,000 | 4,635,000 |
| Net income | 118,000 | 463,000 | -7,553,000 | -8,625,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 | 2011Q3 | 2011Q4 |
|---|---|---|---|---|
| Tier 1 capital | 49,904,000 | 49,899,000 | 46,133,000 | 45,062,000 |
| Total capital | 55,011,000 | 54,595,000 | 50,937,000 | 49,670,000 |
| Risk-weighted assets | 407,963,000 | 397,177,000 | 382,691,000 | 365,482,000 |