Call reports 2009
PIERCE COMMERCIAL BANK — 2009
What PIERCE COMMERCIAL 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 | 279,175,000 | 280,496,000 | 258,629,000 | 262,114,000 |
| Total loans | 236,056,000 | 228,206,000 | 204,181,000 | 196,147,000 |
| Allowance for loan losses | 2,976,000 | 5,378,000 | 8,076,000 | 7,974,000 |
| Securities available for sale | 7,236,000 | 8,234,000 | 10,328,000 | 7,114,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 245,106,000 | 244,574,000 | 235,987,000 | 228,078,000 |
| Interest-bearing deposits | 224,109,000 | 211,585,000 | 208,067,000 | 200,231,000 |
| Noninterest-bearing deposits | 20,997,000 | 32,989,000 | 27,920,000 | 27,847,000 |
| Equity capital | 29,706,000 | 26,749,000 | 16,516,000 | 9,241,000 |
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 | 3,498,000 | 7,063,000 | 10,431,000 | 13,630,000 |
| Interest expense | 1,410,000 | 2,770,000 | 3,979,000 | 5,162,000 |
| Net interest income | 2,088,000 | 4,293,000 | 6,452,000 | 8,468,000 |
| Noninterest income | 3,723,000 | 7,135,000 | 8,361,000 | 8,331,000 |
| Noninterest expense | 4,959,000 | 10,905,000 | 16,926,000 | 29,238,000 |
| Provision for loan losses | 300,000 | 4,200,000 | 12,591,000 | 12,591,000 |
| Pretax income | 552,000 | -3,677,000 | -14,704,000 | -24,938,000 |
| Income tax | 196,000 | -1,236,000 | -2,190,000 | -5,226,000 |
| Net income | 356,000 | -2,441,000 | -12,514,000 | -19,712,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2009Q1 | 2009Q2 | 2009Q3 | 2009Q4 |
|---|---|---|---|---|
| Tier 1 capital | 29,548,000 | 26,655,000 | 15,067,000 | 6,387,000 |
| Total capital | 32,425,000 | 29,549,000 | 17,658,000 | 8,840,000 |
| Risk-weighted assets | 229,999,000 | 228,261,000 | 199,716,000 | 183,766,000 |