Call reports 2009
FRONTIER COMMUNITY BANK — 2009
What FRONTIER COMMUNITY BANK reported to the FFIEC in 2009, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Total assets | 35,344,000 | 43,366,000 | 52,024,000 | 54,157,000 |
| Total loans | 30,264,000 | 37,964,000 | 44,775,000 | 48,543,000 |
| Allowance for loan losses | 422,000 | 466,000 | 544,000 | 590,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 27,043,000 | 35,312,000 | 44,145,000 | 45,892,000 |
| Interest-bearing deposits | 25,570,000 | 33,518,000 | 41,480,000 | 43,617,000 |
| Noninterest-bearing deposits | 1,473,000 | 1,794,000 | 2,665,000 | 2,275,000 |
| Equity capital | 8,094,000 | 7,847,000 | 7,657,000 | 7,576,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Interest income | 382,000 | 836,000 | 1,412,000 | 2,062,000 |
| Interest expense | 191,000 | 396,000 | 652,000 | 929,000 |
| Net interest income | 191,000 | 440,000 | 760,000 | 1,133,000 |
| Noninterest income | 4,000 | 8,000 | 13,000 | 21,000 |
| Noninterest expense | 480,000 | 978,000 | 1,458,000 | 1,917,000 |
| Provision for loan losses | 74,000 | 118,000 | 196,000 | 242,000 |
| Pretax income | -359,000 | -648,000 | -881,000 | -1,005,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -359,000 | -648,000 | -881,000 | -1,005,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 8,094,000 | 7,847,000 | 7,657,000 | 7,576,000 |
| Total capital | 8,509,000 | 8,313,000 | 8,201,000 | 8,166,000 |
| Risk-weighted assets | 32,899,000 | 40,639,000 | 46,242,000 | 48,751,000 |