Call reports 2010
FRONTIER COMMUNITY BANK — 2010
What FRONTIER COMMUNITY 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 | 60,447,000 | 65,462,000 | 69,304,000 | 70,320,000 |
| Total loans | 54,189,000 | 58,694,000 | 60,323,000 | 62,954,000 |
| Allowance for loan losses | 666,000 | 716,000 | 841,000 | 878,000 |
| Securities available for sale | 0 | 0 | 0 | 0 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 52,809,000 | 57,873,000 | 61,766,000 | 62,841,000 |
| Interest-bearing deposits | 48,337,000 | 54,593,000 | 58,088,000 | 60,650,000 |
| Noninterest-bearing deposits | 4,472,000 | 3,280,000 | 3,678,000 | 2,191,000 |
| Equity capital | 7,467,000 | 7,410,000 | 7,265,000 | 7,318,000 |
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 | 688,000 | 1,454,000 | 2,315,000 | 3,200,000 |
| Interest expense | 281,000 | 574,000 | 927,000 | 1,283,000 |
| Net interest income | 407,000 | 880,000 | 1,388,000 | 1,917,000 |
| Noninterest income | 5,000 | 12,000 | 18,000 | 28,000 |
| Noninterest expense | 488,000 | 1,017,000 | 1,592,000 | 2,077,000 |
| Provision for loan losses | 76,000 | 126,000 | 251,000 | 288,000 |
| Pretax income | -152,000 | -251,000 | -437,000 | -420,000 |
| Income tax | 0 | 0 | 0 | 0 |
| Net income | -152,000 | -251,000 | -437,000 | -420,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,467,000 | 7,410,000 | 7,265,000 | 7,318,000 |
| Total capital | 8,121,000 | 8,124,000 | 8,000,000 | 8,071,000 |
| Risk-weighted assets | 52,343,000 | 57,127,000 | 58,661,000 | 60,103,000 |