Call reports 2010
FAR EAST NATIONAL BANK — 2010
What FAR EAST NATIONAL 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 | 1,876,952,000 | 1,666,377,000 | 1,629,695,000 | 1,650,745,000 |
| Total loans | 1,258,617,000 | 1,171,293,000 | 1,047,363,000 | 917,036,000 |
| Allowance for loan losses | 57,120,000 | 66,965,000 | 82,830,000 | 80,847,000 |
| Securities available for sale | 255,383,000 | 192,371,000 | 138,994,000 | 175,318,000 |
| Securities held to maturity | 60,069,000 | 56,547,000 | 53,491,000 | 50,824,000 |
| Trading assets | 32,304,000 | 31,907,000 | 28,325,000 | 28,400,000 |
| Total deposits | 1,336,197,000 | 1,170,946,000 | 1,181,518,000 | 1,181,718,000 |
| Interest-bearing deposits | 1,174,955,000 | 1,023,334,000 | 1,025,317,000 | 952,001,000 |
| Noninterest-bearing deposits | 161,242,000 | 147,612,000 | 156,201,000 | 229,716,000 |
| Equity capital | 250,939,000 | 257,836,000 | 288,310,000 | 313,981,000 |
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 | 18,016,000 | 34,771,000 | 50,871,000 | 65,934,000 |
| Interest expense | 6,996,000 | 13,146,000 | 18,670,000 | 22,957,000 |
| Net interest income | 11,020,000 | 21,625,000 | 32,201,000 | 42,977,000 |
| Noninterest income | 1,240,000 | 1,142,000 | 1,824,000 | 1,404,000 |
| Noninterest expense | 10,332,000 | 21,818,000 | 31,977,000 | 42,957,000 |
| Provision for loan losses | 22,250,000 | 48,250,000 | 67,750,000 | 74,250,000 |
| Pretax income | -19,880,000 | -45,954,000 | -64,343,000 | -71,467,000 |
| Income tax | -8,585,000 | -19,785,000 | -27,776,000 | -31,073,000 |
| Net income | -11,295,000 | -26,169,000 | -36,567,000 | -40,394,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 172,816,000 | 171,790,000 | 189,432,000 | 213,391,000 |
| Total capital | 191,560,000 | 189,419,000 | 205,379,000 | 228,195,000 |
| Risk-weighted assets | 1,459,810,000 | 1,358,684,000 | 1,206,573,000 | 1,115,954,000 |