Call reports 2011
COMMUNITY FIRSTBANK OF CHARLESTON — 2011
What COMMUNITY FIRSTBANK OF CHARLESTON reported to the FFIEC in 2011, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2011Q1 | 2011Q2 |
|---|---|---|
| Total assets | 519,751,000 | 506,615,000 |
| Total loans | 361,688,000 | 365,480,000 |
| Allowance for loan losses | 7,322,000 | 6,761,000 |
| Securities available for sale | 96,362,000 | 91,047,000 |
| Securities held to maturity | 5,541,000 | 5,394,000 |
| Trading assets | 0 | 0 |
| Total deposits | 390,390,000 | 376,358,000 |
| Interest-bearing deposits | 354,173,000 | 336,046,000 |
| Noninterest-bearing deposits | 36,217,000 | 40,312,000 |
| Equity capital | 43,084,000 | 44,006,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2011Q1 | 2011Q2 |
|---|---|---|
| Interest income | 6,166,000 | 11,924,000 |
| Interest expense | 1,761,000 | 3,392,000 |
| Net interest income | 4,405,000 | 8,532,000 |
| Noninterest income | 5,303,000 | 10,115,000 |
| Noninterest expense | 6,743,000 | 12,919,000 |
| Provision for loan losses | 350,000 | 1,500,000 |
| Pretax income | 2,123,000 | 3,419,000 |
| Income tax | 797,000 | 1,294,000 |
| Net income | 1,326,000 | 2,125,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2011Q1 | 2011Q2 |
|---|---|---|
| Tier 1 capital | 45,699,000 | 46,498,000 |
| Total capital | 54,599,000 | 55,306,000 |
| Risk-weighted assets | 389,611,000 | 382,701,000 |