Call reports 2010
COMMUNITY FIRSTBANK OF CHARLESTON — 2010
What COMMUNITY FIRSTBANK OF CHARLESTON 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 | 574,710,000 | 606,640,000 | 583,280,000 | 563,201,000 |
| Total loans | 385,074,000 | 419,352,000 | 396,599,000 | 416,220,000 |
| Allowance for loan losses | 6,563,000 | 6,798,000 | 6,235,000 | 7,995,000 |
| Securities available for sale | 64,925,000 | 66,236,000 | 62,777,000 | 94,989,000 |
| Securities held to maturity | 76,556,000 | 72,001,000 | 64,619,000 | 5,548,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 393,916,000 | 415,145,000 | 409,597,000 | 397,854,000 |
| Interest-bearing deposits | 366,347,000 | 386,845,000 | 376,689,000 | 361,467,000 |
| Noninterest-bearing deposits | 27,569,000 | 28,300,000 | 32,908,000 | 36,387,000 |
| Equity capital | 41,824,000 | 41,630,000 | 42,654,000 | 41,434,000 |
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 | 6,744,000 | 13,855,000 | 20,729,000 | 26,932,000 |
| Interest expense | 2,380,000 | 4,788,000 | 7,047,000 | 9,041,000 |
| Net interest income | 4,364,000 | 9,067,000 | 13,682,000 | 17,891,000 |
| Noninterest income | 5,148,000 | 9,632,000 | 17,660,000 | 26,359,000 |
| Noninterest expense | 5,744,000 | 12,119,000 | 19,759,000 | 30,190,000 |
| Provision for loan losses | 1,485,000 | 3,645,000 | 7,295,000 | 10,230,000 |
| Pretax income | 1,823,000 | 2,636,000 | 3,595,000 | -625,000 |
| Income tax | 694,000 | 1,002,000 | 1,399,000 | 168,000 |
| Net income | 1,129,000 | 1,634,000 | 2,196,000 | -793,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2010Q1 | 2010Q2 | 2010Q3 | 2010Q4 |
|---|---|---|---|---|
| Tier 1 capital | 46,294,000 | 46,800,000 | 47,362,000 | 44,373,000 |
| Total capital | 56,738,000 | 57,254,000 | 57,683,000 | 54,660,000 |
| Risk-weighted assets | 434,423,000 | 434,976,000 | 424,726,000 | 420,216,000 |