Call reports 2010
PIERCE COMMERCIAL BANK — 2010
What PIERCE COMMERCIAL 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 |
|---|---|---|---|
| Total assets | 258,131,000 | 239,006,000 | 221,082,000 |
| Total loans | 186,237,000 | 172,677,000 | 171,545,000 |
| Allowance for loan losses | 6,522,000 | 8,646,000 | 8,577,000 |
| Securities available for sale | 7,112,000 | 5,096,000 | 13,719,000 |
| Securities held to maturity | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 |
| Total deposits | 222,274,000 | 210,468,000 | 193,473,000 |
| Interest-bearing deposits | 198,012,000 | 188,517,000 | 168,968,000 |
| Noninterest-bearing deposits | 24,262,000 | 21,951,000 | 24,505,000 |
| Equity capital | 11,195,000 | 4,829,000 | 4,532,000 |
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 |
|---|---|---|---|
| Interest income | 2,806,000 | 5,414,000 | 7,987,000 |
| Interest expense | 1,069,000 | 2,041,000 | 2,878,000 |
| Net interest income | 1,737,000 | 3,373,000 | 5,109,000 |
| Noninterest income | 92,000 | 59,000 | 111,000 |
| Noninterest expense | 2,589,000 | 4,539,000 | 6,669,000 |
| Provision for loan losses | 0 | 3,782,000 | 3,782,000 |
| Pretax income | -760,000 | -4,889,000 | -5,231,000 |
| Income tax | 0 | 3,029,000 | 3,029,000 |
| Net income | -760,000 | -7,918,000 | -8,260,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 |
|---|---|---|---|
| Tier 1 capital | 8,140,000 | 4,783,000 | 4,443,000 |
| Total capital | 10,489,000 | 6,969,000 | 6,585,000 |
| Risk-weighted assets | 176,831,000 | 162,313,000 | 159,296,000 |